So true. This end of the spec market is so irrational at the moment, but it doesn't mean those speculators aren't making money. The TAR overreaction was similar to WFE but at least with TAR you had some historical albeit unverified drilling results that looked impressive.
The WFE is just a case of the herd following their leader. I went through the announcement looking for some smidgen of FA substance... found nuthin.
Anyhow this is all just a sideshow to the main event.
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