RE:RE:RE:RE:RE:RE:RE:All my orders filled down to .90 I like your post BeatTheOdds.
I believe the "powers that be" are really working in concert to grab as many of our shares as possible! This is not conspiracy theories at work (my response to a previous post some time back).
Happens all the time, and I'm sure learning a lot in this O & G Sector, it's a dirty playing field. Especially after Pony for example & how banks work for the biggest players.
Market manipulation is the name of the game unfortunately & Greed knows no bounds, we all should know this.
The tree gets shaken & a few (shares) will fall.
There's undoubtedly a pretty good 1st quarter coming on many accounts. The time is short for them to position themselves before the ramping up of production incrementally takes the SP with it.
Also, if there's still some short positions out there, it would likely be in their best interests to settle up before May 6,
I see the drop in SP just before almost certain good news, as nothing other than manipulation to grab up some weak minded investors shares, that's what this really is IMHO.
As for an insider selling a few shares, there is a myriad of legitimate reasons why he may have needed to do that.
I'm not worried in the least, and looking forward to May 6th.
Future for NG/Condensate/Oil all looking very promising compared to the last few years, the production is going up, drilling costs going down, hard to beat assets. If I were Dale I would be holding those assets till LNG Canada is up and running if at all possible, the acreage will appreciate for sure when that take away comes on line.
Let's not forget why we're all here, severely undervalued company with great leadership and assets and, when the bust cycle finishes up and the boom cycle commences, we'll be glad we hung on, this is how fortunes are made. (Buffett)
BTW, I'll bet bow-tie guy and Nuttal and whoever else BNN puts on will start liking the stock in the coming months, but not until they've filled their pockets with a position that could include some of your guys out there shares.