Also, some of the investors from other shale stocks (below) might be entering NSE as their stock prices seem to be steadily declining.
Our little brother NWE has got a big hit today. The results of Arrowsmith-2 well were not very encouraging atm. A big drop on the sp! Coming down from 8.5c to 5.2c today in one month. There is no hopes for the next 2-3 months there.
Our big brother Buru is also steadily declining, processing the $2.70 levels atm, I think it might be around 260s next week and then might test $2.40 soon.
Only NSE is drilling an interesting well atm. Its sp has got no more to go down any more than this. I think that's the reason it is being accumulated atm.
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