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High of approximately 7.25 recent and two day low of 6.25. Has this stock seen such gyration in recent past?Is there meaning to the 60+ cent sell off? Comments?
It's awfully hard to know what drives this stock.I think it moved with the sudden gyrations in Natural Gas prices.If that's true, it's nice to see this company be viewed as an energy company where NG price moves the stock value and not legal issues.Ultimately, the Kotaneelee well will determine the value of this company and the results of the drilling are not too far down the road.Paul
Pullback from run up is merely poor souls getting some profit out at first opportunity in a long time. Penny wise and pound foolish, risk reward here is a mandatory buy for a suitable portion of risk capital. New eyes from CWEI board.
Ya gotta love this stock .these moves are typical.i believe this stock is in play.do your dd and invest at your own risk! Good luck walter.eddie mahony