RE:news didn't help SHEEPBAAA1 wrote:
gaps will get filled
Many gaps are never filled. Many gaps are filled but only months or years after they occur. This gap will never be filled.
The news didn't help simply because it isn't the kind of news that helps - it's just formal notification on items already baked into the stock price. We all knew the PP would be closed and we all reasonably expect that drilling will be resumed when Alaska lifts the restrictions.
News that will move the price significantly is the specific date drilling will resume and/or how many drills will be engaged on what targets.