I want to buy but anything and everything is against EROC. From its own company to the demand for NG and now today with a mild Hurricane season. If I thought NG was on the move I would buy but I see this being plain jane for 6 months +. However I am keeping an eye on it and probably will buy in mid 2's
We should be fine! The major institutional owners are still holding their shares. Volume was very low today, which means people were not willing to sell the shares. This pullback was mainly caused by the pressure from broad market. I will not be surprised to see a few more pullbacks on our way to $5-7.
I agree with andrew....plus some big inside buys around $7 are not selling.....I would be more concerned if insiders started selling at these prices. The fact that they are not buying is not as concerning.