If the company (like jnx) is not producing then the price of oil will not have any affect on the sp in this market.

Also, I speculated earlier that jnx is being held down by two or more accounts or brokerages waiting for pos NR. It has not moved with the market or even the other jr's lately. Watch the level II and you will see the attempts (sucessful) to hold the sp down. The positive side of this is the likely motive they have to hold the price down for now - slow accumulation of shares some give up on in frustration - when the positive results come out and there is a general pop on all jrs in the Utica play, jnx should go.

All just IMO. Anyone else? (this is a very quiet board)