I was getting some crazy bid/ask numbers so I tried to pick them up. One even had the ask way below the bid !! No luck.
Good luck with the small energy plays. I tried them for years but always lost my ass so I finally quit.
The key to those things, as with miners, is production.
If they aren't producing NOW (at least 1,000 BOE per month), they lack the economy of scale to make it for more than a news bounce.
Everything gets paid for out of the share structure while waiting for production that may or may not ever come. For shareholders, that sucks! GL n.
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