Wednesday, December 16, 2009

What are the odds of EDNE the oil co. have of geting a billion bls. of oil from thier Project?

and now that the new has come about delaying the spud date would this be a good time to buy while everyone is selling for a lower price?What are the odds of EDNE the oil co. have of geting a billion bls. of oil from thier Project?
If the odds were good then likely the stock wouldn't be currently trading for under a dollar, and over the OBB exchange. The investing theory is buy low and sell high but in practice it's fairly difficult to find the bottom and the top. It's your call on the speculative stock. There's news about the company here:

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