I could not explain the selling today apart from it ran too hard and fast yesterday (VILO especially).
I did notice today that Oil/gas stocks in my watch list were down a bit and also oil price has slipped back in past few days.
I was more surprised on my other spud (EGO) half way through the spud, increasing background gas and yet sp only went up 7% or 0.001 - go figure.
I just dont think people were paying that much positive attention to Oilers today. I suspect that people took a position in GGP and VIL yesterday and are going to sit back and watch the updates.
I expect another positive day when drill hits earth.
VIL Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held