thats right who would buy in at 50% below its year low with oil...

thats right who would buy in at 50% below its year low with oil zones being tested that had good shows on the drill. lets see who would buy in. may be people who figure to make a profit at .005 is greater than .012.

those who are selling are making a profit also as what did they pay for selling at lows.

fear is not driving the sellers its stopping the buyers. markets as u say are driven by emotions and a bit of back play also helps.

for me the trade is the price now of what we have and what we can have if well 5 does produce oil.

no mention of its a no brainer . or catch the train. or toot toot or crap like that.

its if u feel that it has upside from testing the remaining 70% of the zones that are left.

well 4 has been producing quite nice no water and under its own pressure. looks pretty safe for a small tweak. have well 5 to be completed and sum up the potential of this area.