GREY:ROAOF - Post by User
Comment by
ALTACRUDEon Jan 07, 2004 10:04pm
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Post# 6858312
RE: Whew.......that was close.
RE: Whew.......that was close.For the short term traders this is a tricky stock to play,it does not seem to want to co-operate. still do not think stock will go below $1.10 unless well results are less than anticipated. for the most part many of us think the first well is a gimmie, the question is what will it test at. I would be very happy at two to three thousand barrells a day,however, if the market is thinking five thousand barrells a day,then we are in for a drop. That will be a buying oppertunity in my opinion. In for the long term ,or $5.00 whichever comes first and we could be at $5.00 after the third well .