RE:The Fool saying yes to Spartanthats wise advice for any stock.That article merely reiterates what was posted before.This stock follows the price of oil more than most.And the concensus is $50bbl for spartans magical #.
So if oil hits that ..and stays there for say a month or more..we will see $3 again.And if it appears that oil is going higher than $50,only then will we see $4 plus.
People forget that those $4 targets are a year out.Much can happen in that time.Nobody..and I mean NOBODY ..saw the oil crash coming when oil was trading at $80bbl .Some small caps like Surge oil were targetted at $12 ..its at $2.40ish and stuck there for a couple years now.
Whats funny is the only one I'm up on is Suncor ..which nobody really liked at the time.When I bought it at $29 cdn ..many thought I was nuts.