....it dropped even more then I expected, 12% in a day on reasonable volume (for NWE that is) is pretty steep by all means.
It is almost the same pattern as the buying stampede, just in the opposite direction. Sure it will level out sometimes, but a certain amount of damage has been done to confidence, weather we like it or not.
Lets hope we get some confirmation of dates for fraccing soon. This imho is the trigger that can reverse the current trend.
NWE Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held