Energy Prospectus

Any reason you can see for today's price drop?
It is beginning to look like Lonestar's reverse split may wind up like so many others; a slow trickle down, down to where the reverse cost shareholders significant dollars. We seem to be getting there pretty quickly.

When the oil price is down they all go red. When the oil price is up they all go green. Nothing new from Lonestar.

Lonestar is very thinly traded, so space between the bid and ask is wide and one significant sale can cause a big drop. Of course this goes both ways.

It looks like a lot of profit taking today. It seems like we should be getting close to support levels for the price of crude. I never like to see Cramer start talking about how great the energy companies are like he did last night.