finx, it is not what is holding it back but who. continual selling down in the last 10 minutes of the day is an example.
watch for a 10 share sell down to 81 cents this afternoon, most likely after 3.00 if no more sales. ( wont be me by the way )
mrzp is right, no company will put an announcement out saying not sure who is selling down, please stop it, all they can is keep drilling, and as suggested on a previous post perhaps condense announcements into a more meaningful layout, ie 3 wells spudded at eok this week, ongoing testing of results, instead of releasing an announcement for every little detail.( stealing that from someone else, not sure who posted that previously )
RFE Price at posting:
83.0¢ Sentiment: LT Buy Disclosure: Held