Replies to post #5414 on High Plains Gas, Inc.(fka HPGS)

[valleyview]

well said. I'll remember that saying !


GL
IMO.

[Peggy]

Not true.

I suggest you examine a chart covering the last year. Looks more like a downhill ski slope than a gentle ripple on a pond.

[Peggy]

http://www.barchart.com/cache/c270990526508c0f9181e9409227bd8a.png

This is a chart of HPGS for the past year. Is that long enough to discern patterns? I believe it is.

PPS touched 30 cents for a nano-second back in the latter part of November 2011 and also for a short period of a few days in the late July early August 2011 timeframe. That's a drop of over 70% since November 2011. Hardly a gentle ripple.

Prior to that, it was in a grinding fall for many months. I attribute this to the "kick the can" saga of the Huber purchase. After about the 4th delay, investors no longer accepted what HPGS was saying as truth. In fact, the down trend does not appear to be completely over and it appears the pps has leveled off at the 8-10 cent range. Will that continue? Who knows?

The chart evidence does not appear to confirm your 8 - 30 cents ripple assertion. I do not believe one can ignore the history prior to Aug 2011.

What am I missing here? If HPGS can demonstrate stronger and sustained revenue growth, it should be able to retrace to some of its previous higher levels. But I do not believe it is possible to judge the future of the PPS as 30 cents or any other number at this point.

Thank you.