RE:As this
Respectfully disagree @shenty46
Markets are a (very efficient, sometimes brutal) forward looking discounting mechanism so what you are seeing now absolutely reflects an expected recovery in PEY revenues.
Technically, we now have a "wall" to get through - the ten $ to twelve $ fifty region sideways channel that occurred throughout 2018 and as a year long stabilization of the prior dreadful share price downdraft that started off at $39 in late 2016 and took us all the way down to $10 in January 2018.
Given energy woes cropping up around the world, I very much doubt we're going to have much trouble closing above $12.50 by the end of this year.... and if we do that, we're golden.
These are my views only. Thanks for reading.