RE:No Turn Around in Price of Oil Anytime SoonWell Kensho, Ithaca is doing more than squeaking by. They are cash flow positive, making money and paying down debt, all in a low price oil environment. Little wonder they were able to raise money at a premium price equity offering. When was the last time you saw that?
Stock is well off its lows and should continue higher from here. Definitely worth hanging in.