Anyone have any pertinent information on one of my favorite swings: REXX? They just put out an 8-K & PR explaining: Rex Energy Corporation Announces 82% Increase in Proved Reserves, 92% Annual Production Growth and Provides Operational Update Company achieves high end of previously issued production guidance and delivers fifth consecutive period of double digit sequential production growth Increased 2011 proved reserves 82% over 2010, average daily production increased 92% over 2010 Marcellus Shale wells in Butler County, Pennsylvania increase EURs 20% to 5.3 Bcfe Marcellus Shale wells in Westmoreland County, Pennsylvania increase EURs 40% to 4.2 Bcfe Company announces proved reserves for full scale ASP expansion STATE COLLEGE, PA., January 17, 2012 (GLOBE NEWSWIRE) — Rex Energy Corporation (Nasdaq: REXX) today announced its total proved oil and natural gas reserves as of December 31, 2011, unaudited fourth quarter and full year 2011 production results and provided an update on its operations. “I am pleased to announce this is our fifth consecutive quarter of double digit production growth, and we closed at the high end of our production guidance,” said Thomas Stabley, Chief Executive Officer of Rex Energy. “We exited 2011 in a position of strength, as evidenced by our production growth and increase in proved reserves. We are well positioned to benefit from this momentum as we continue to focus on expanding our operations in the liquids-rich areas of Pennsylvania and Ohio.” Proved Reserves Rex Energy reported year end 2011 proved oil and gas reserves of 366.2 Bcfe, an increase of 82% over 2010. Of the 366.2 Bcfe of proved reserves, 75% was attributable to natural gas with 25% attributable to oil, natural gas liquids and condensate. The proved developed portion of the 2011 reserves increased to 47% from 42% in 2010. The proved reserve estimates as of December 31, 2011 were prepared by the company’s third-party independent reserve engineers, Netherland, Sewell & Associates, Inc. For more information on proved reserves and related definitions, see “Note on Hydrocarbon Volumes and Estimates” below. Rex Energy successfully replaced 1,093% of its estimated 2011 production of 14,258 MMcfe with a proved reserves-to-production ratio of 25.8 years. And further news on Scottrade says: Stock Investors Sell Off Shares of Rex Energy, Down 1.5% 5 hours 56 minutes ago - Financial News Network Online - Market Movers via Comtex Rex Energy (NASDAQ:REXX) is one of today's notable stocks in decline, down 1.5% to $10.12. The S&P is trading lower by 0.3% to 1,311 and the Dow is trading 0.4% higher to 12,678. There is potential upside of 83.1% for shares of Rex Energy based on a current price of $10.12 and an average consensus analyst price target of $18.53. The stock should run into initial resistance at its 200-day moving average (MA) of $12.84 and subsequent resistance at its 50-day MA of $14.83. Rex Energy share prices have moved between a 52-week high of $18.00 and a 52-week low of $9.67 and are now trading 5% above that low price at $10.12 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2.3%. Rex Energy Corporation is an independent oil and gas company operating in the Illinois Basin, the Appalachian Basin and the southwestern region of the United States The chart looks primed - I've made a lot on this one over the years, the swings are pretty wide usually with large candles. stockcharts.com/c-sc/sc?s=rexx&p=d&b=5&g=0&id=p95558333955&a=254508966 Such a large drop with a great forecast and strong results - I am looking for the reason for the drop? Crude prices? Any ideas? What am I missing? If I can't find anything, I will be getting in REXX again in about a week. All The Best