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DewDiligence

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DewDiligence

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Re: DewDiligence post# 56

Wednesday, 06/03/2009 9:05:02 PM

Wednesday, June 03, 2009 9:05:02 PM

Post# of 29487
‘old man’ et al addendum: How fast does reliable info on the success or failure of an exploration project like BM-S-22 get into the industry grapevine? Are these kinds of information leaks sufficiently commonplace that the discussion on last week’s APC webcast should be considered mundane?

If the exchange on the APC webcast was in fact about BM-S-22, I still don’t get why it took until yesterday for there to be any adverse effect on HES’ share price. The APC webcast I’m referring to was last Thursday morning; HES’ share price rose by a cumulative 11% on Thursday, Friday, and Monday.

T.i.a. Dew


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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