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True Blue

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True Blue

Re: geopressure post# 3461

Thursday, 12/05/2013 11:45:55 AM

Thursday, December 05, 2013 11:45:55 AM

Post# of 5439
That could be the metric you use as a rule of thumb but Ive traded a few O&G's that have deviated from this means. Wish I could remember this one in specific - it went from around where we are priced to 12 bucks just based on a rumor and in the end it was drastically over priced and collapsed. That rumor was just that "black ooze" was reported while drilling.

If a stock can go to 12 beans based on "black ooze" I think we have a shot at 5 bucks here.

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