I've been investing a long time and have seen issues come to light conserning certain companys. Most of the time the issues were based on facts. I think there are too many issues with NOG to be dismissed off-hand.
Are you familiar with Enron? There were a ton of side issues that surfaced from time to time. And each time there was a orgistrated effort to minimulize the reports. In the end the questions were right on the money.
Down deep in my gut I believe we have a big problem with NOG. To many issues.