Lack of news (or maybe there should be none at all?) is driving the stock and options down.
Look at the options depth it seems that there are large selling orders at around $0.029. I am guessing that people who have been buying this based on the rumour are trying to exit their position before it gets hammered.
I do not know the detail of this "oil/gas play" but I did buy some options/stocks based on this rumour in here and also at ST. Maybe I can take it as an expensive lesson of not buying on rumour.
Edison _____________________________ Never give up learning.
PS: I tried to comment this on ST but I have problems creating an account at ST. PSS: It would really be good if someone would tell me the details of this rumoured "oil/gas play" in detail. PSSS: Just want to know what Robbo and AA are thinking now.
NHE Price at posting:
0.0¢ Sentiment: None Disclosure: Held
