OR, they sold some and are riding on all free shares! Anyone buying the dip after the last drilling has already doubled their money. Such is the O&G exploration business. You generate excitement going into a drilling and are rewarded or penalized depending on your success! If we miss here we will see some jump ship, but the slide won't be near as bad seeing as how we have multiple 50% plays looking forward in the very near future.
sal, well I got lucky in timing of my entry on this one but haven't sold a share yet and think we've only just begun! On the other hand I was not quick enough to get another pile on the last knee jerk reaction and bounce off .05 - wanted to but no beans available in time.
I'm wondering how dramatic of a move upward might occur if Hardeman comes in after the big drop from a kind of a miss with Glascow - which in the end won't even be a miss when we go back a do it right! And think of the reaction to a success at Mesa - don't think the day after will offer a bargain basement entry price.