I looked back through wnwg's history and honestly back in the past there wasn't a good correlation between natural gas prices and their EPS. They had so many salaries, write downs, legal expenses, problems with the former partner Barinco drilling. So in a nutshell they have cut expenses to the bare bone and stated they are trying to work within the revenue generated by Shilo 1&3 (which are natural gas producers). So IMO the numbers seem to be telling that tale. They have gone from -$1.20 EPS to $0 EPS. From that point Natural gas has increased pretty drastically not to mention they have fixed the Brackens well and it is producing. That can basically double their gas production. Here is a link I'm using to compare Natural gas prices. We have been higher in price every month compared to last year. As you can see this year so far over last year gas is having a much better year. So I'm thinking if we can go from -$1.20 isn't it possible we go to +$1.20 EPS.
plus there are very very few shares in the open market, I don't know what the MM's are going to do if all the shares get used up and they have to cover their short positions at the same time news comes out of a massive increase in EPS. pooooor fellas
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