If you'd kindly check my sentiment again, it hasn't changed. I don't have a position in Maverick currently because I sold out because I believe I've found a different company with higher upside in the short term (next month or so).
Short term the only issue is that there is a massive vacuum of information, with almost nothing coming out of management regarding well completions/acerage/production figures.
I can't make an assessment of how well the company is going and thus I can't see a reason for OTHER people to all of a sudden get excited and buy into Maverick. Why should I bother holding if it's just going to trade sideways for 2 months (until the next quarterly gets issued)? Rather money in the bank or in a different stock.
I believe many of the questions I have will be easily answered by the next quarterly report and I expect to be back holding some by then. Until then I do believe we've all discussed and hashed out as many issues as we can reasonably do without more information.
FDM Price at posting:
89.5¢ Sentiment: LT Buy Disclosure: Not Held
