RE:RE:What is with this stock?navajojoe wrote: bassfishing88 wrote: The only red oil/gas play on my screen. With the special div . paid to holders today you would think it would be leading the pack not lagging due to short covering. All the other gas plays are green right now so wtf is going on here? Any info apprciated.TIA
Expect the share price to drop another 20 cents tomorrow with the payment of the dividend, if oil and gas prices stay soft.
JFYI, Alberta natural gas prices have sucked lately, not enough demand from the US as they over-produce.
Possible 20 cents x3 to x5 drop could easily possibly occur? More? Interest going up on Oct. 26 then Dec. 7 in Canada? Midterm in US propping up the illusion for now. We will see what occurs in the next 6 weeks.