Never thought to see SSN that low again, just because of 2 wells being delayed or one maybe a duster.
Of course, many interpret this a failure for the whole Niobrara area. But if the 3D - seismic gave hints for lots of oil then there will be oil.
This sp situation for SSN is not new. Have seen that before. Market over reacts and will be back at 10c soon as many had some problems already priced in.
The strange thing for me is that I sold at 10c and sp continued to fall. Normally it does it only when I am holding.
Anyway, got some oppies, too good to resist.
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