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BuffaloTrader

11/03/11 10:28 AM

#248853 RE: mz157 #248841

If I remember correctly (don't have the time to sift through the posts from that period), there was a lot of speculative enthusiasm leading up to 9/15 due to a deadline for agreeing on JDZ phase 2. When no announcement came by that date, the stock price reacted accordingly. That's what I would attribute the stock price slide to in that period -- the realization that no further drilling was going to happen soon, and hence the lack of a near term catalyst. There is not boogeyman -- it's about the drilling.