No probably just technicals.... stocks dont go just straight up and down. We had a spinning top on the chart yesterday and it looks like we may have confirmation today.
By the charts it looks as if it has reversed and people are trying to get back in.
The news may be IKE. HTOG's shipping facilities are down in Brownsville so Ike will have no ill effects on HTOG's shipping facilities.
On the other hand, the other guys have a ton of off shore wells right in the path of Ike so the price of oil is likely to spike after Ike goes through and this should benifit HTOG.
The fact that OPEC voted to cut production to keep the price of oil up yesterday is probably having a positive effect as well.
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