RE: "C" wordJust goes to show you that the market will not react how one would expect. Even though the news was great on May 2nd the misinterpetation took hold and that was it-done. Until now that is. Happens many times over and once the momentum takes control there is no stopping it.
Investors are starting to flow back in and re-reading the NR realizing the news wasn't bad after all. Just a matter of how it is/was perceived. Bottom line is the selling has dried up and the reversal is now taking hold as OIL hovers around $130/barrel.
**GNZ Undervalued IMO**