re halt , page-60

A leak of negative news from the frac site seems like the least plausible scenario to me.

1/ no corresponding movement in AWE
2/ It' a very dumb way to sell. Even if they did want to sell in a hurry they could have gotten a much better price by not dumping the lot in one go.
3/ there's a very credible scenario for the 'running stops' theory, reinforced by the fact that market is jumpy atm due to waiting on news.
4/ HCSS is the smallest and highest risk target. If it fails I don't think the impact on SP would be vicious enough to justify a panic dump. With 4 more zones to frac, the price will have a floor under it.

Could be wrong of course but I'll sleep ok tonight.