Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Following the hype and hysterical buying of shares in Rockhopper (RKH) on the back of the 12% COS duster served up by Mediterranean Oil & Gas (MOG) last week – the bear cases as I outlined HERE remains intact. In fact it gets stronger as I shall now explain.
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