You KNOW that the unknown of the gas being fracked will keep the SP at a certain level - which the support is mid 7's.
So you play that trade - buy a few days after Thurs - say Mon - then you sell Wed afternoon.
Rinse and repeat.
The only catch here is that the unkonwn here is the frac - and if they hit a positive result - you know they won't wait till that coming Thursday to announce it.
So if you had the money - you could play this both ways.
NWE Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held