Ann: Presidio 52 No.1 Well Update, page-14

I think the only explanation for the movement on Friday is that there is exceptional news coming. I am not saying this company leaks like a sieve but history tells me that positive surges in this company proceed positive announcements. When you look at historical drilling into Buda Limestone it is very productive so I am expecting a big announcement before the market opens on Tuesday.

My theory on why it dropped so much on Wednesday and Thursday is that someone who who holds a lot of stock has got sick of waiting and is dumping everything they have.