The truth about the way this has played out.1 Sep 2021 23:46
The only way to correctly play the drill catalyst stocks (IMO) with RvR geared in your favour is to position early at ground floor prices and wait for drill hype/sentiment to allow fully derisked position before any spud result. For me I never ride a drill result, its gambling.
This was a post by Early-bird on Twitter
This company managed to nullify any sp action over the last 2 years. Any sniff of sentiment and some useless action by them reduced the sp to negative value. Was it contrived or lack of experience ?
Either way we are where we are. And a lot of people underwater, whilst paying their wages.