Can someone please explain? This company strikes me as technically brilliant - they've managed to buy in the absolutely most productive, sought after 'new Oil and Gas' areas in the US, namely Eagle Ford in Texas and the Niobrara, Colorado, not to mention that every well they've sunk (as far as I'm aware) has been a goodie!!! That is MIRACULOUS in the O@G world. So this heavy selling at the bottom: 1)Could be someone with lots of stock who suddenly needs cash and is forced to sell 2)Someone who bought up big in the recent oversubscribed placement at .012 who's happy to unload at 1 tick up Help me people - who sells a prospect like this at the bottom?
It could be one person with a huge holding who's had a margin call
AKK Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
