RE:RE:RE:Shorts compounding low share priceThe updated reserve release will get the ball rolling, it's not the end game, but the start of the next growth cycle for Kelt, that will also align closely with the start of the new growth cycle in the sector. Oil and Gas is a market favorite for 2021 - lots to read on why - Kelt is also a favourite with analysts (buy and outperform) on every up to date report - easy to find.
Institutional buying isn't done on a hunch or speculation - It's done on reported data - and its big money that really sets a stock price. Insiders are now likely blacked out until March 11th, but those that want a jump on news, start to buy on speculation, just like you have made your projections.
The micros and macros driving the market are currently very unpredictable, but you can make a solid bet on a company with no debt, plays and options with them, cash / financial position of opertunity, and survival-ability to the unpredictable / unknown. Now is the time to buy a strong company with a weak share price, not a weak company with a strong share price like so many people do. There will always be believers and doubters, and everyone has their motives. I've placed my bet here, and in a year, I know I'll be happy I did.