My bet is NOG is up on MondayIf the market is up Monday (not a stinker of a day) I think we will see NOG up in share price.
We have seen a good amount of cheap NOG shares sold out over the last while. Remember how many shares were sold in the 11-13 cent share price. Something like 20 Million shares were sold over 2 weeks. There is a good amount of support behind this stock.
Now the reason why I think that Monday should be the start of our rise is we must be very close to announcing the acidizing. We were told that the second week of February in our press release. Now we are starting the second week so an announcement is due.
For those on the sidelines now is the time to enter. The last couple weeks were for the sellers and to the guys accumulating cheap shares. Now is the time for those who want in before the news and before a good sized jump in share price.
Based on the amount of volume that was traded between .10-.13 cents it will not take as many shares to move us back up to .15-.18 as it did the last time round.
Onwards and upwards.