RE: RE: Insider Buying & PPThe PP will be too rich for my blood as I'm expecting the price to be $5.50 Crazy you think I am??? Watch how the stock price is moved up until the day the PP is announced. They'll move it just under $6 a few days prior.
PP's are usually done around the 20 day moving average. Anyone know what that is, because that's probably what the price of any proposed pp will be.
Personally I believe that there won't be a pp done until after the current drilling program is complete.