RE: RE: RE: New 52 Week Low BONJ - keeping your optimism is a good thing. I've been following Angle since its IPO. I've done DD on it, and I believe it's a very good company with a good management and good assets. I'm also not blind to the macro economic hazards in the world - Europe, China, USA...
Oil COULD fall further. And NatGas might stay low for a while yet. If both of these things play out, Angle will have to trim its CAPEX and preserve some cash - this is only prudent. But, the market won't see it that way and will punish it. It already has, just like Longview and Whitecap (they were the lateset juniors to cut budgets).
Because of this, there are shorters & investors trying to raise some cash (for a potential sell off). But this just creates a buying opportunity. I believe that longer term investors (1 year+) are getting a real gift here. If you can, TAKE ADVANTAGE OF IT. Personally, I fall into this camp, but I would like to see NGL build a bit of a base here and even go up a little bit. I would also like to see a little more clarity on some of the macro issues before investing anymore of my funds. But, I'm ready.
Traders are also ready - it's not unusual for this stock to pop 10 -15% in one day.