IMO (and it hurts because I am long) there is no support until the 6 1/2 to 7 price level. The earnings were fine. Their guidance was fine. Fundamentals are being ignored as the chart tells us. Hope I'm completely wrong
If it goes back to 6.5 to 7 as grueling that may be as a holder, I wouldn't be surprised to see heavy buying at that level and possibly merger rumors to include KOG and OAS, as well as others in the hunt or hunted IMO.