evopilot/others: How can the price action "suggest" or predict that the SPP was fully (or over???) subscribed? Only insiders would KNOW the information about the SPP subscription rate and they would not be allowed to act upon this information - at least this is what I believe... To me, it is a bit baffling that suddenly the sp that was going NOWHERE last week or two (i.e. was floating around between 5c and 5.5c for some time) suddenly is going up. The ann. regarding fraccing start must be imminent and perhaps some people (other than Management) are in the KNOW about that. But, then again, we ALL knew that fraccing will be started sometime in the second half of July and those eager buyers of today could have bought last week instead.... As mentioned, quite baffling to me. Comments most welcome. wasa
NWE Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held