I have read a lot of postings about SSN and its recent drilling issues. Ask yourself if you still believe that SSN will deliver sensible flow rates in Defender, Australia II, Gretel II, SOA once they have resolved the current issues. Remember that so far the word DUSTER has not been used yet.
If you do believe in SSN and you are a medium/long term investor, then you should not be too disturbed with the recent price drop. In fact, you should see this price weakness as an opportunity to accumulate.
IMHO, there is a good chance that all four wells will not be dusters and the 'end-result' of these four wells will be known in no later than 6 weeks from now.
Lastly, I believe in SSN and TB.
SSN Price at posting:
9.4¢ Sentiment: LT Buy Disclosure: Held