I am in agreement with DTL ! I'll be suprised t
Post# of 39368
I am in agreement with DTL ! I'll be suprised though if we dont see at least a 50 % increase in shares bought for the rest of this week based on todays news... Note 2 things they payed for the rig in cash money and Reid has shown he has the cohones to state the upping of revs for 3rd Q and 4th Q. This is in essence the equivalent of guidance leading into the quarter like any other big board stock does... This is all but guarenteeing a short term increase in PPS valuation barring anymore shares being printed ! So if the ask is anything but higher tomorrow I also will be surprised.
Keep in mind if the #'s arent RIGHT on time the MM's will attempt a further push down to make you believe there are shenanigans going on. Don not I repeat DO NOT FALL FOR IT !!!IMO Do yourself a favor keep the powder dry and be ready if that happens. In the mean time take a couple benjamins and feel free to slappa dat Ask !!! We know the valuation is guiding up and we are at support for insiders PPS pre belize and any substantial Texas production.
A MM could flip at any moment now ... Boy id like to be the MM that makes that call and watch those #'s roll in. Get your initial exit points ready from this point forward... Better to be nimble than caught with your Shorts down !!!