ymyc, page-25

NoCash I wouldnt be reading too much into daily SP changes in the lead up to the testing results.

At the end of the day, despite pre-analysis giving good indicators there is always that chance it may not be a go-er.

In that scenario, IMO we will get a step drop in SP, however all will not be lost as there will be more fields to frac / test.

If you are not prepared for the first well to not be successful and IMO the subsequent SP correction i.e. Not a tue long term holder, you may want to consider re-assessing your position in SXY if you are using this investment as a house deposit.

But if you are prepared for this first frac'd well not to be successful and hang in there for the possibility of subsequent fracs to be successful then the daily SP movements are inconsequential.

With the SP recovered from its prior lows in the 70's and the SP in limbo until the final results, now is a time for people to consider taking profits or hanging in there for the frac results and a higher risk to their holidings value as of today.