I research too. But what is there to research when you already know the stock ? The endless amount of wells they are going to drill and even though the probablities for HDR to strike oil in Uganda is quite high there is nothing backing it up ?
How reliable have these reports been over the past couple of years, not really "that" realible.
I do my fair share of research, but sometimes, if you think back to prior boom and busts.. even though good news flows the stock price gets sold off
An example of this was on NYMEX in mid September when stock piles for energy were at record lows and yet energy prices across the board were heavily sold off because demand was waning.
A look at the HDR charts says what ?
supply is exceeding demand.. Geez ya gotta be a real genious to see that one! :)))
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