most important thing to watch and see is what kind of news comes forth....if great for long term-i believe r/s of 100 to 1 will happen. so what?! MAIN THING: if there are HUNDREDS OF WELLS TO drill-oil found can be way, way up there in quantity-plus natural gas. i am looking long term-but first to see what the updated production report is: conclusion: if someone had just 10 million shares: short term: stock rises to .10 after r/s-they have $10,000. YET, if they hold 100,000 shares and thousands, if not MILLIONS of barrels of oil found-long term(west texas is mecca of oil/n. gas-remember-it is booming there)--if pps goes up to just $5 long term- 100,000 shares worth at that point= $500,000. at $10- 1 million bucks...
i am in this for the big bucks-but will assess situation when updated production numbers come out and other news comes out in first quarter in 2013-the reports will tell the story of what to do...either way-a shareholder makes $$..just my opinion on all of above.....
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