that's why i say sp can go up by 100% or drop 50% in a couple of hours. they don't care what's already found. only expecting a further MAJOR MONSTEROUS GAS FIND!
OK. let's put it in this way. if you are willing to hold for mid term (2~3 months+) and go thru all the volatility, it's a good price to enter. but if you think you will panic and press sell button when you see sp drops 10~50% in a few hours, avoid.
I've bought several 100ks GDNOs at 35~45c from nov 06 to mar 07, gone thru the ups and downs, will hold until they finish the flow test.
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