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BBP1990

04/19/16 10:54 AM

#3260 RE: JWCap35 #3259

Source please. West Texas has a warm semi-arid climate. It is dry, has always been dry, and will likely stay dry. That being said, lake water levels are not really exceptionally low compared to historic levels. Again, I live in the area, and it's not on local residents minds. It's no longer the dominate news story.

I'll go ahead and throw out some analyst projections just because we have nothing else to look at.

Water Revenue - Decrease ~80% QoQ.
Oil and Gas - Decrease ~15% QoQ
Net Loss for 4Q15 ~(2.8MM)

Anyone else want to take a stab at it?

Prudent Capitalist

04/19/16 3:53 PM

#3265 RE: JWCap35 #3259

Level 2 has looked interesting this afternoon, with the multiple bids (3) stacking at .04 and the Ask looking thin for some time here this afternoon, with just 1 MM on the Ask below .055. Nice to see the lack of selling, but not a lot of buying either. Just a lot of waiting right now.