RE: RE: Do you see a pattern?Thanks ... IMO, a cent or two up or down difference right now doesn't make a difference (unless you are buying a $hit load of shares) ... NAG is holding quite strong right now at this price and so is GXS ... I say this for the following reasons:
For your information ... I called GXS and they have the results and they will be putting out a NR shortly!! My guess is early next week. GXS, like most companies, does not normally put out good NRs on Fridays. SO, to answer your question ... the s/p might drop a bit tomorrow (depending on the markets) or it might go up on anticipation of GXS results ... so hard to guess!!! IMO, GXS results are probably going to be similar if not better than what they had with their initial finds (sub to bituminous). If the markets react like they did in the summer (unlikely) then NAG and GXS and the Coal plays will fly. The more likely scenario is that the coal plays will go up, but not to the levels that we want ...
Bottom line ... your guess is as good as mine as to if we are at a low ... BUT, IMO, a cent or two won't make that much of a difference .... OH, we should be expecting drilling at ACC news next week as well (that what IR told me) ... BUT, don't hold your breath ... IR has been very unreliable lately. I think they are still trying to find their GEO to sign the LL NR ... Apparently, it seems, he got lost or something cuz LL was expected earlier.
Of course this is my DD and opinion based upon my conversations with GXS and NAG IR ... You should do your own DD, talk to a professional ... call IRs up yourself ... don't take my word for it ... and form your own opinion. In these markets $hit happens ... nothing seems as it is. Good luck.