It hit 28 now looks like it will go back to 2420 million shares so far, about half the day left, 20 million shares into 76 million out is 26.3% of the float so far.
If this trades 40% of float or more we are laughing all the way to the bank.
57 MBOE at $3.00 per barrel (valuation from 2004 for in ground oil) = $171 million / 76 million shares in the float so far = what about $2.00 per share.
If that Happens I will be very very happy, not likley though I am afraid.
Any other expectations here??