price collapsing on no news...., page-27

We get people like this popping up on HC all the time. They take a position, appear out of nowhere, ramp the heck out of a company and hope to talk it up so they can sell out short term. Unfortunately for them it rarely works.

I would hazard a guess that eagle123 held shares until a few hours ago and the post "1500 - 2000 barrels of oil a day !" was a last desperate attempt to get the SP up before selling out.

But instead the price plunged and eagle123 has just sold out at a substantial loss, hence the bitterness and negativity now displayed.

Now to save face we get the spiel of "lucky I sold out at 20c" and "i sold my shares as soon as i heard JH change the drilling strategy in the middle of this well."

Does anyone really think a non-holder would make a post like the 1500-2000bopd thread? Of course not.

Sorry for your loss eagle123. To be honest with each day of thunderous, deafening silence from JH I get the feeling we're all going to be in the same boat pretty soon. I have a sneaking suspicion the MDTs have been duds, which may be due to either lack of saturation or formation damage from 12 months of drilling mud.

If this is so, it's too early to say if the well is a dud but it's not looking good and given JH's history of grandiose statements I get the feeling if there was any good news to report we'd know about it by now.

The SP drop today has me worried as well. We know what happened when the rig incident happened and the market wasn't informed. The SS Central is a very leaky ship.