I think because of the merger offer for sprott energy (wind energy) that everything including ormat is in play.... I have the desire to buy everything at the right price... rpg and ormat have been moving also..
Have seen the 'picture' several times now. Volume periodically ramps up, along with the (still lousy) share price, then back to the mid-30s and lower volume.
As I stated a while back in response to another of markie's always 'sage' postings, get back to me when the stock price can actually hold in the mid-.$.40s, thus at least equivalent to the 2008 closing low of $.44, much less if alas somehow it can to head north from there.
In all fairness, the share price and buying volume are rising for good reasons. They just recently completed Neal Hot Springs and the news from the El Ceibillo Project is outstanding (with more good news likely to come), and insider buying just took place.
Sure the past has been gloomy, but the future is looking brighter. We have been seeing a trend of higher lows and higher highs in recent months. Buying interest is shown in increasing volume and performance. I think we are turning the corner at this point. I've already staked my position (a couple of years ago), but if I could, I'd buy in right here.