Simply stated, this is a heart attack stock...especially at this stage. Everyone is intently watching for news so the PR today, being somewhat bland, got a terrible reaction. Remember, there is a lot of support for this stock with Blackrock alone. However, regardless of who's betting, the drill still has to penetrate a commercially viable reservoir and then technology and luck must allow for extraction of the oil from mother earth. Not for the faint of heart...but huge returns if all goes well.
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