Anyone know why EVEP is trading so poorly today? Yes, I knw the market is eractic but of the many oil stocks I track this is performing the weakest today... and it is one of the few that I track that gives a dividend!
Are they trying to scare us out before the presentation tomorrow or is this bad a association with CHK's leasing problems?
Friday, just a short time after the closing bell, 200,000 shares sold @ $70.50 = $14,100,000.00. That is over 14 million dollars in one transaction. CHK sold over 212,000 shares after hours Friday but in much smaller shares at a time.CHK is up $1.11 cents at 2:17 pm central time today, 9/26/11. This should tell us something is up. I think after the speech tomorrow afternoon we will see this stock go up considerably. I personally bought 2500 more shares today.
Rancher, thanks for your reply. I saw that late trade on EVEP last Friday and have been so encourage about my investment all weekend, but now I don't know. Scare tactics maybe. As i write oil index up over 30 points.