re: nwe >> going down to 7.5 cents
The "Buy early sell before spud" theory says that we all should have all pulled out Friday afternoon . .
Before you all flame me . . I didnt pull out, I bought more. And now I am presented with another "do I buy more" opportunity
I dont expect we will hear anything good perhaps weeks, due to the nature of the drilling requiring a fraccing process to stimulate production. About all I am expecting to hear is continued spud's. Appalacians 2 is not happening till June/july, India wont get talked about until june and everything else is a while off.
It's just one of those "if you dont like it, sell, if you beleive in the good story and the presentation, buy/hold"
NWE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held