Post by
4fun on Dec 20, 2013 11:11am
Oil pipeline is the ONLY thing that will move the stock up
No matter how good the drill results it won't move the stock until the pipeline is built.
Still no announcement that the second drill has arrived. Another sign that things are delayed (as usual).
I'm sure we were all hoping that the company would announce that construction of the pipeline has resumed. No such announcement, therefore the drop in price. Many investors feel there is no use holding the stock if nothing is happening.
Comment by
eusdond on Dec 21, 2013 9:14am
More than a 16% dividend is no reason ? It was when I went to school...
Comment by
gibbonsj on Dec 21, 2013 3:24pm
yes the divi is a big part of what's holding sp down. Its a red flag to the big boys.