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I have tried to avoid talking about where exactly the PPS could go if the Mitchell wells turn out above 50-60 BOPD each. I still won't offer an exact prediction, but I will say that I believe most here will be pleasantly surprised how tight this spring is wound up here. I think the movement upwards in PPS will actually blow forward to a point so quickly that it will even overshoot a logical point due to two things: (1) the covering of the bozo types that have unwisely chosen to short this stock; and (2) a large amount of folks, both individual investors and institutional types jump in to take the ride up. Let's sit back and see how accurate my predictions turn out to be.
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