Well well well, looks like most of these O&G stocks are approaching their year lows and once they break this, TIMBERRRRRRR.
The problem is, most listen to people like Eric nutcase, who always uses the ONE LINER on BNN,
" AT A 100 DOLLAR OIL, THE FREE CASH FLOW IS" He is using the sme oil price evbery time he is on there, but WHERE IS OIL AND GAS ??? YAH, oil $68.70 and gas $2.47.
I have said it here a few times before and will say it again now. People who were in these stocks be it this one or TVE, CR, ATH and DIDN'T SELL when these stocks were flying at much higher prices are now and forever be known as "BAGHOLDERS" since they will find any and all reasons as to why they are still in it and why it will go up tomorrow. 95% don't have a clue how to VALUE A STOCK so they just hang on HOPING. People NEVER CHANGE, so why would their GAMBLING habits change.