most of the people that invest in penny dreadful oil/gas companies are "day dreamers". they have this idea that penny crap will path their way with mega oil/gas discoveries.
it gets dangerous when these day dreamers suck in ordinary people whom know very little about this industry.
I'm afraid it did happen with NEN stock.
the best way to sum up this last sentence "go to your local casino because the odds will be in your favour".