in alot of ways your right, however i do believe that better promotion would also benefit the shareprice weakness.
a case in point:
from the other thread, hartleys qupte:
"Extrapolating a vertical well at 25 barrels of oil per day to a horizontal with 20 frac stage would result in production of >500 barrels of oil per day. This would be considered a good well in shale development terms."
to me, as i am sure it is to many other shareholders, this is NEWS which is vital in our decision making process. i cannot recall having ever come across this bit of information before.
i would presume that millions of shares have been sold down since the GRB update came out owing to a misinterpretation of the significance of the flowrates.
technically, this selldown killed an impending trend reversal. where a 17c sp could have been, we now have 12.5c
surely a better presentation of the final outcomes might have staved off this selldown?
reading it 3rd hand on HC many days after the fact is too little too late
ETE Price at posting:
11.6¢ Sentiment: Buy Disclosure: Held
