ELK 0.00% 1.4¢ elk petroleum limited

can someone please explain, page-10

  1. 67b
    2,044 Posts.
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    Tamara,
    Some people may have got carried away with thoughts of great riches and have been disappointed and have sold.
    Other very savy traders buy the rumour and sell on the news.
    Overall though the lowish volume for such an awaited event
    indicates to me that many long term holders are happy to hold and benefit down the track.
    Treat this as a temporary set back of price only.
    From the company's operational stand point this is just another box ticked on the way to greater things.
 
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