REPX

[RTaber1]

With 20 minutes to Friday's close, REPX has dropped 14% to about $23.

Any obvious reason? Any guess?

[dan_s]

No fundamental reason. Entire sector sold off today. WTI pulled back below $85/bbl, but still way over what I am using in my forecast models.

Riley is a small-cap with less than 20 million shares outstanding and average daily trading volume under 30,000 shares. Stocks with such low trading volume are "high beta" because on days like this with no buyers, one large sell order can trigger stop loss selling.

[Fraser921]

I was nibbling on some bargains,

Added to AR & Clr & ROCC. Going to take a hard look at EOG and PXD next week

The market carnage spilled over to energy names crude didn't fall much