trading move to .40-.42 by April 1, 40% return
I have spent some analytical time on recent trading on this during the weekend, combined with fundamental outlook for the business. there are basically only 2 sellers holding the stock down, First energy, and National Bank. however, on a 30c stock, and a solid market, they don't hold all the cards, or even close. analysis of trading and technical and based on who has been buying and selling, and the price of oil, and oil differentials, I expect a pretty quick move up. once through this overhang at 30c, it will move quickly to 35 before another pause, much shorter this time. I backed this up with a purchase of just under 400,000 shares last week, adding to positions. may buy more, even more likely to more at 32. always run with a runner