RE:boe targetsHi egee:
In looking at past announcements, the stock usually peaks the day of the announcement, and then goes back down. Pretty normal. We can look at May's announcment as an example.
There are 109M+ shares out, and 4 million of them turned over today.
On the thesis that it backfills, I sold 40,000 at various prices today, in the anticipation of getting them back at lower prices. Willing to take this chance based on past experience.
In the meantime, I am chipping away at more DTX. It seems to be stuck in a rut, but I don't think it will be for long. Just too much drilling going on with 4 rigs running full time.
Overall, tt is going to be a heck of a November following Q3 results, and RMPs special reserves report.
Larsen6