Plutus, They have traded hardly any shares. Christmas week.....this means very little how it trades. Most experienced traders know this and are spending time with family this week.
i wasn't blaming anything on any body, i would never do that. it's just human nature to want instant gratification. when one tick can be 25% with nothing in between, droping 50% is some what open to interpretation. we only have to regain 1 tick tomorrow to be UP 50%..2 puts us up 100% when it put us down only 50% today. at this level percentages/charts/graphs/stats are meaningless. what does matter is opinion,and in my opinion,this will hit double zero's by some time in jan. btw..pr wasn't bad. in the US not all wells are big name. there are a ton of small companies pumping oil that would welcome this technology as opposed to the expense of drilling a new well,especially with the price per bbl being so low now. you want to get the most spending the least. Merry Christmas!...and leave something nice for Santa!!