d12...great post! Thank you!
I have always felt that NOT was being manipulated by the Big Boys
i.e. hedge funds, brokers, institutions etc. With the fabulous news
coming out with each of NOT's press releases, and then watching a
plummet in stock price follow...there was no other conclusion! imho.
How could it be that ever since JPM was brought aboard to
"maximize the stock price"..the stock price has dropped like a rock!
Many will say that this is because the tonnage hasn't been proven
out yet..I say that we all know tonnage is currently estimated at
appx. 7 million tons and any day drilling of the next door anomaly
might double the tonnage or more! What'sw not to like?!!!!
Could it be that JPMorgan has some very big clients that they would
like to position in NOT at a rock bottom price ,and they well know
that shenanigans are going on, but keeping NOT at a low price until
more tonnage can be proved is just what they really want ?! Thus
they remain silent as huge trades are made back and forth between
big institutions, basically nullfying each others trade and keeping the
the SP down!
I'm just a small investor and may be uninformed or naive, but I truly
feel that we are pawns in the Big Boy's game...and it hurts!
But if you play with the Big Boys you have to act like a Big Boy..so
I'm holding all my shares, and will sell a few when it reaches $50. ..
maybe!
I say that we ask IBK and JPM to make a" presentation" to the
current stockholders via video and then perhaps we can judge
them fairly! ;-)
cheers,
jacki79