The strange thing last year ard this time it spiked on 10million shares to a top of 4$ and they did a quick deal for I believe 1 milllion shares ard 3.25& and stock imploded to 1.90-2.30$ for 11 months . The move upward was based on natural gas moving quickly to 5-6$ range. For this stock to be over 5$ with natural gas prices under4 anybody buying is a complete idiot.
Yes it did spike to 10-12 before but that waa when natural gas spiked to 10-12 too and then it blew up . Historically , royl trades at 10-20% discount value to natural gas which puts it ard 3$. So unless natural gas is going dramatically higher royl will assume the same pattern