It is dropping because I bought some more on Friday. Never fails! If you guys can convince me to sell all of my MHR it is a sure thing to go up the next day!!
All kidding aside, I don't read too much into these ups and downs. Market is jittery and until we start seeing some results from the Eagle Ford, Marcellus, pipeline etc, this is just another feel good story. Once the production from these new initiatives starts showing up, then we will likely move up. Until then, it will bounce around.
Today is a good day to buy. The price will start going up on Wednesday at 9:40 mountain time when Gary presents at the Enercom Conference. I have been following MHR for a while now and every time Gary gives a presentation the price goes up.