REF reverse corp limited

The high was on 08.06.2009 with 1.51. Was has happened since...

  1. 114 Posts.
    The high was on 08.06.2009 with 1.51. Was has happened since then?

    22.06.2009 - Success with Multi Interval Completions at East Oklahoma
    06.07.2009 - Increase in Oil Production to Deliver Self Funded Expansion
    16.07.2009 - New Drilling Commences at East Oklahoma Project
    20.07.2009 - Second Drilling Rig Deployed at West Tulsa
    30.07.2009 - Success with East Oklahoma Step-Out Drilling
    06.08.2009 - West Tulsa Well Drilled and Ready for Production Testing
    27.08.2009 - Red Fork to Double East Oklahoma Land Holding
    01.09.2009 - Red Fork Spuds Fifth Production Well at West Tulsa
    03.09.2009 - Reserve Upgrade Following 2009 Independent Certification

    What has change since then?

    The biggest net seller from a broker point of view since 08.06.2009 was ETRADE.
    I would argue the selling came from retail investors - no heavy hitters at work at the moment, at least not pushing the price in on or the other direction.
    Lackluster trading, that's all.

    I stay very calm and do not worry about the short term trading of RFE - just by reading the ANN since the high of 1.51, we all know why we are in it for the long run.
    The Story has not change at all, only got better.
 
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