HHR - WOW, page-9

It felt like a more rational day today. I still think the majority of the selling was driven by insto's who had taken up the 4 cent cr thinking they could spin it for a quick buck and then dumping into an illiquid market without really understanding (or caring about) the fundamental story behind the stock.

As far as I can see the major shareholders haven't budged. We might go higher or lower in the next few weeks but to me it's just noise at the moment, I see this company as an investment not a trade so we really have to sit tight until we get closer to key milestones.

I am convinced the fundamentals are there for north sea gas, so it really comes down to whether management can get this into production quickly and close to budget. If they can this stock could be something special. But "patience you must have".