Post by
Alim33 on Dec 15, 2020 4:12pm
Did the rig fall off the ship?
Wow, that was shocking. Down 7.89% for absolutely no reason. Would be nice if the company can issue a PR tomorrow to stop the leaking. E.g., rig arrived and is on the way would be nice?
Comment by
Hailmary3 on Dec 15, 2020 4:17pm
If you are concerned maybe you should contact them
Comment by
Turned2Gold on Dec 15, 2020 4:17pm
Don't count on it. They aren't traders. Have a little patience.
Comment by
hipfner on Dec 15, 2020 4:20pm
The stock price also doubled for no reason in a month. Traders trade. The only scheduled catalyst is spudding in two-ish weeks.
Comment by
grenouille on Dec 15, 2020 4:46pm
down almost eight percent??? possible explanation(s) A) the rig arrives - that's "news." buy the rumor, sell the news? B) somebody bought big on the recent offering, and needed cash NOW? C) i don't know. some questions don't have good answers. this too, shall pass.
Comment by
investor55x on Dec 15, 2020 5:10pm
I guess "sell on good news" (presumably rig arrived in Namibia).
Comment by
Strod on Dec 15, 2020 5:30pm
Just gyrations Gents. If you want big gains you better get used to it, why does there always have to be a reason? The only reason you know for sure anyway is more sellers than buyers. It's been looking heavy the last couple of days.
Comment by
investor55x on Dec 15, 2020 5:54pm
In my opinion it's still a healthy consolidation. Therefore we might go back to $ 1.55/1.60 (just my personal view).
Comment by
scatman on Dec 15, 2020 6:44pm
maybe warrant excerise. in which case its a buy. Company is getting $$$