RE: RE: EOG hits new low! In my opinion, it's an attempt by the Canaccord seller to scare some weak hands into selling their shares lower before any news on Nimrod comes out. I think Nimrod has a great chance of being a gas discovery which would be excellent news for EOG as more will want in on the oily basin (Walvis Basin). According to what I see, Canaccord already sold over 340K for this month and over 268K since two weeks ago when someone posted that the Canaccord seller had 368K to sell so Canaccord should be low on shares now.