Thats what I said not too long ago once I picked up on stock being sold while PRs were being put out about buybacks and the company goal was to lower the share count. You can make more money shorting this than buy buying and holding.
Just think if you bought the other week when it WAS over .013 and everyone was pumping how close 2's 3's and 5's were, and "wait until the chemical results from the lease come out"
As long as you dont buy the hype....and study you are good. Im still in. Im waiting for it to drop more and ill get more shares. I wont get too crazy with it until they give us an idea what that beachner lease is doing on a daily basis for production like they predicted.
Keep in mind things take time so im not expecting an overnight miracle. If there has been bad weather that always messes work up as well.
FROM MAY PR:
"Once we get the field completely on line, we have established an initial target rate of 100 barrels of oil per day, which we feel is very attainable based on the logs and initial response from the very light treatment of KC 9000(TM)."
100 barrels of oil a day is a good amount. Do you think they can do it?
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