Post by
stockeditor on Dec 09, 2014 11:06am
There is no panic selling here, check the daily volumes.
What we have is a situation were management for whatever reason has delayed drilling, I think this is the key item that has frustrated many investors. Hopefully we will see drilling results real soon. Just one more thing, reserves do matter.
Comment by
kha341 on Dec 09, 2014 4:36pm
Never mind the longer price history, the sp has dropped like a rock from 28.5 cts on 11/11/14 to close at 14 cts today. A more than 50% drop in less than a month. But it's all good, just check the daily volume? Your pumping effort is to be admired.
Comment by
bababamboo on Dec 09, 2014 4:46pm
Yea it's not a panic or tax loss selling, just frustrated shareholders. SP drops everyday is not good. POP has to let the market know as soon as they get rig to spud the well.
Comment by
bababamboo on Dec 09, 2014 4:53pm
Interesting thing is 90% of the volume since last week were bought by house number 7 (TD securities)