GREY:CXEYF - Post by User
Comment by
JohnnyOilon Jun 25, 2008 5:19pm
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Post# 15229496
RE: Today's move
RE: Today's move2 and a quarter million shares traded and a pop of 23% seems like an awful lot for "old news". It has been well broadcast that the last well would be hooked up by the end of the month (of course, they have been broadcasting that for the last several months). I expected us to pop over a dollar on that release, but today's action seems quite excessive if that is all the news. Remember, most analysts have a 12 month target of $1.25. We are there in one day!!! Of course, that target is rediculously low and you will see the upgrades follow shortly, but it does keep today's rise in perspective.
We shall see.