NWE- the shell and possible 20 bagger

[airedale]

14 million shares and .5 million dollars today at a higher price than last week looks like support imho. I bought a few more oppies today.

[Financially dependant]

That was an awful lot of supply that hit the market today lets hope it will dry up so we can see some SP escalation...

Attachment 3785

[The Big Ease]

from abu on HC:
http://s13.postimage.org/r6tdkxazp/NWE.gif

7million shares at 3.7cents.
close at 3.5 cents.

Clearly demand for more at higher prices.
Not sure what set off this volume of buying, but it's nice to see.
It could be an easy 3 bagger from here just to bring it on par with other smaller shale explorers and to where it was before all this EPA/ministerial stuff came about.
That was before all this interest in shale.


Shrewdy, I really like your enthusiasm especially as it seems you are backing your thorough research.
Not sure I am brave enough for "all in", but I did double my modest holdings today.

Has there ever been a surer thing than Arrowsmith-2 discounted so deeply?!!

[percy]

airedale.

Would you please let us know the code, and conversion price?I did see some, but they convert june or july this year.

[bermuda]

FD,
Quite exciting day eh? She is all pent up and the market got confused. Still waiting I would say. Have a look at this Planet Gas. Crooky reminded me of it. The market has forgotten about this situation. There are a couple of learned guys on HC but they don't post everyday.
Am still worried about Europe.

[drillfix]

airedale.

Would you please let us know the code, and conversion price?I did see some, but they convert june or july this year.

Percy, I believe its NWEO and the exercise/conversion price is 10c (30th June 2012)

http://www.tradingroom.com.au/apps/q...e.ac?code=NWEO

[bermuda]

from abu on HC:
http://s13.postimage.org/r6tdkxazp/NWE.gif

7million shares at 3.7cents.
close at 3.5 cents.

Clearly demand for more at higher prices.
Not sure what set off this volume of buying, but it's nice to see.
It could be an easy 3 bagger from here just to bring it on par with other smaller shale explorers and to where it was before all this EPA/ministerial stuff came about.
That was before all this interest in shale.


Shrewdy, I really like your enthusiasm especially as it seems you are backing your thorough research.
Not sure I am brave enough for "all in", but I did double my modest holdings today.

Has there ever been a surer thing than Arrowsmith-2 discounted so deeply?!!

TBE,
Sorry to hear about your brother. Take his good qualities with you. It helps me with my late brother....and many thanks for that analysis of today's trade. Someone is having an organised feed I would say. Easy feeding I would say. Half the shareholders are spooked with all these delays and anti fraccing media. Just got to be patient.

[The Big Ease]

Thanks bermuda.


This is getting pretty exciting. I think i've got my fill of NWE now.
Trying to get into my other little favourite.

[STRAT]

Wow. Busy thread the last day or so.
Reckon yall are getting excited a bit prematurely here. Hope Im wrong.

[Xerof]

I think you'll find the day-traders over on the other channel would have sparked that little P&D - haven't looked for their comments, but it has their fingerprints all over it.......