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stockhound101

10/12/05 11:27 AM

#2330 RE: Jagman #2318

Bottom line is the company is going to have to drill some money making wells to get this one really moving or to probably even survive for very long. I'm willing to sit back and wait and see.
The company stated that it would be over ten days before they were even close to start drilling so I don't look for any real upward movement in PPS for at least 2 to 3 weeks, unless oil or gas starts coming out of the ground on it's on within the companies leases.
The MM's will play with it up until then and unless you have L2 or L3 I would be careful flipping it.