Post by
bankerboy28 on Apr 02, 2013 8:47pm
Rolling over...could not hold the $1.19 mark
which is the 50 day moving average and likely to go back to test close to or below in most cases...the previous low....RSI is 46.30 so not in oversold territory yet...probably go back to RSI 30 ish before it all shakes out....if it does would be a great buying opportunity...some support at the $1.10 and $1.08 points but after that gets filled its headed lower unless some impact news comes out...not likely...unfortunately investors are getting close to the sell in May and go away timeframe...BB28
Comment by
terroir on Apr 02, 2013 9:02pm
Impact news will be released with Q1 on May 15. They have said they will only release production numbers with the quarters. They will also give update on the waterflood projects. Share price after that is likely soft as Q2 will be weak.
Comment by
bobby1231 on Apr 03, 2013 2:24pm
Canaccord has been loading up for some reason...same as what i'm thinking is my guess.
Comment by
waw33 on Apr 03, 2013 3:41pm
Anyone got net house positions ?