RE:RE:If it breakes $7.50
Looks like OnlyOIL bought back in too soon and should have held out for $7.10 at least.
At least its a low volume day so we probably should not read too much into this price action today. Its hard to believe that we are now down more than $2.00 from the private placement on the CRH purchase. What's it going to take to get some more buyers back into this space? As indicated in the Globe article this morning, the IPOs in this sector are having no problem raising money.