Technicals Scream Oversold Sure tempting to buy in today at this price. All indicators are in unison that this stock is severely oversold.
RSI is listed at 11.3, the MACD is way south of the signal line and the price is below its bottom bollinger band. The trick is to determine where the selling point exhausts itself and we see a rebound in the price.
Buying at $3.66 and selling at $4 will net a nice profit, which I think it will rebound to once things stabilize. That is assuming there are no more surprises, it sounds like there are some management moves as previoiusly announced and a rumour of a gas leakage. We'll see what shakes out there.
Steam