RE:I just don't get it...For what it is worth, today's Brent price is over $111/bbl. It was under $107 yesterday.
A $4 jump in Brent is a 3.7% increase.
For IAE, this is equivalent to producing 14000 bbl/d yesterday, and now producing 14523 today.
And still the stock is getting pushed lower this morning. Go figger.