OIL Futures taking a bath.

[jdeo1969]

I should add, we just want some GOOD news for a change. These missed timelines do not help the psyche of the average investor and clearly the institutional investors are steering clear for now and are on a wait and see.

[CAC]

I should add, we just want some GOOD news for a change. These missed timelines do not help the psyche of the average investor and clearly the institutional investors are steering clear for now and are on a wait and see.

******

Yes...the type of news that doesn't require an analysis/discussion about why it actually is "good news".  How about "Raptor is a commercially viable find...early indications are that it's bigger than E/A".  WE ARE DUE!! 

[jft310]

Email mgt tell them to throw investors a bone. DST at Raptor when in the limestone would help .

[SamAdams]

Unless its like that big Brontosaurus Steak that Fred Flinstone orders, I'm not sure incremental upates are really stock movers at this point.  We were thrown a small bone on Tuesday.  Positive, unexpected surprises of substance are what is needed. Will anyone here be positively surprised if they find some gas at Raptor?  MH dug himself a hole here on expectations around the drilling program.  Did he not know about the pressure, the shale or how deep they had to go?  If he did, why give the original timeline?  If they didn't, well it explains the delay, but that is perhaps more scary.  Hence the stock goes down, and admittedly the energy tape is no help so that also has to be factored in but I don't think we can just brush this off and think one DST from Raptor makes up for the rest.

[admin]

["If they didn't, well it explains the delay, but that is perhaps more scary."]

It has been mentioned that they had to rush things to secure the licenses. Also, they have always drilled one hole at a time, now they drilled three at a time on new terrain, with new equipment and crew.

It looks like they chew off more than they could bite, but until we really know what happened, it's too soon for firm conclusions.

[Nolan]

Admin, what happened to Ken's last thread? Is there a problem with my message board?

[admin]

It degenerated into name calling, which if you had read the terms of use, you'd realized it isn't something we're keen on here..

[Nolan]

I agree.

[admin]

I agree.

Which is sort of funny, as you were the main perpetrator and are already on at least four violations today and hence on borrowed time here.

[Nolan]

I try to be nice and you respond like that. You are more of a fraud than your partner Ken. No criticism allowed here. You call me an a** and I am in violation. Erase this thread and then take away my borrowed time. You should be proud of yourself.