RE:CJ Has Such High ExpectationsLots of those bank analyst have 12 month targets...and bank analysts generally suck. Only April 7th and CJ near 2.50 is above my expectations considering oil has only been decent for two months....not much time has passed.
I have always been happy if we reached 3 bucks by June 30th even when CJ had some irrational trading buying pushing as up wild each day for a few days in March.
The latest short report on CJ shows even at these prices and after a run up....shorts sellers are scared to short CJ.
F*ck all for shares shorted in CJ right now as of March 31:
Only 308,000 shares shorted as of March 31, down 46k since last report.
I bought some CJ today but I still prefer YGR over next 3 months compared to CJ.
Both should do okay but YGR has more torque.