Comment by
OGGambler on Feb 04, 2021 2:10pm
Unfortunately, very little correlation with Kelt share price. When WTI was $45 on November 25 Kelt was $1.96 and POU was $3.78...if anything the correlation is negative!!! Which makes some sense - investors see a lot of leverage to WTI in other names and move their Kelt money there instead. So if the trend continues, $65 WTI should bring $2.25 for Kelt and $15 for a name like POU!