GREY:BNKPF - Post by User
Post by
radioguru22on Jun 08, 2016 4:44pm
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Post# 24948095
Today's action
Today's actiononly closed a penny up but the volume was 5x normal. I smell a breakout from this sideways consolidation that's been happening for the last 2+ months. Will it break up or down? with oil closing over $50 and the run up in other energy stocks my bet here is still a run to about .60 cents before another rest. May need an update from the company on expanded drilling but how is this still only at .34 cents?? However let's not forget oil has doubled off the bottom and BKX tripled off its bottom before settling down into this current range.