RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I smell $11.00+I only see this thing making into S&P 600 small cap. I wish stock price was above 9.3 USD for it to make it into S&P 400. But I dont thing we will make that boat by the decision time....
Inlcusion to an index doesnt change the economics of a company and hence I feel the positive effect may be 10 - 15% on the day of announcement. Which is still significant. I see the floor at 8.50 $-9.50$ USD.
If oil prices continue rising, which they will look at the mobility trends we are almost back to where we started back in March before the lockdown, this could be a long time gravy train.