BEING HELD BACK Looks like an institution has a large sell order in at $5.90. Not sure what the market is expecting from this company as few have performed as well and are in such great financial shape. With the large discovery in Peru in the Bretana Norte field being so close to water transporation to market, they are de-risking in a very big way from the current geo risk in Columbia which is very likely not going to last forever either.
This stock should be chasing it analysts targets not languishing under $6. I expect analysts to increase targets based on this current release.