I do laugh when people expect a share to go up uniformly the guys hoovering down the stock to have people panic and sell are very good at playing with emotions to accumulate a bigger piece of the pie.
As many have said the news flow will drive the price higher until it reaches something what the market seems it's worth.
Also early in the day people who been on ADX finally see a price rise will want to jump out.
Having said that 88e was $700m and unproven. I'm just hoping for an easy $250m market cap for now.
Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-142
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