RE: RE: junkyardawg---stockbaby post. $1.25 seems far, far too low.... that would essentially be just the cash/share value of the stock. The co. is not losing that cash, but generating cashflow per month. I must say that having broken below $3, the next support level (from way back in summer 2010) is 2.40-2.50 level, and below that around 2.00-2.10. Below that would be your 1.25 level. But i don't think that will be reached because i think that in the mid-2s or low-2s the "risk/reward" will have gone back to the more "secure" levels as when analysts were expecting 5,000 boed in June and the shareprice was in the $4-$5 range.