Hard to jump in and catch a falling knifeThis stock may need to put in a double bottom at either $8.50 or even $6.
Not much point in buying when it goes up $.50 about once every 5 days then gets sold hard to a dollar less than you bought it.
Fundementals in Oil still unbalanced on the supply side. I wonder if this and lack of a dividend is why so many are exiting. If oil does drift down to $55 or even below $50 this could get ugly.
I'm holding back looking for a blowoff bottom on big volume.