It seems obvious, and has been stated many times, that oil or mergers/buyouts will be the only factor which will giives us a substained run up.
Everything for the most part until now has been traders and message board touting which has created the last few unsustained runups. Just for example, the rumours of increased interest from the first red chip conference, the white board buy-in/merger rumors, and now a timetable which has been moved up a Few months.
This overly exaggerated news and rumors have driven the price up where many of the investors who follow the history and psychology of this board could turn a nice profit which brought the stock price back to reality.
Lets be honest, we need real news on what is down there, then new money will come in. So far the majority of the news has not been stellar. Lukewarm oil estimates, cheverons comments, exon bailing, not to mention 1/2 of the oil goes to the JDA.
What scares me is what petermantx has somewhat alluded to. We have had an extremely higher profile as late, conferences, PRs, articles etc. What we own and estimates on whats down there are widely known to people in the oil business, certainly to enough people who would tell enough people to bring in new investors. This is especially true now that we are closer then ever to drilling. But what do we see; probably the same people buying and selling for the last few years.
Yes I'm concerned that smarter people then me aren't coming in and volumn isn't increasing.
I truly hope this changes soon and not from rumors on this board and others.
Market Data 
Markets 
AI
