Potential upside of at least 50% short term with buyout rumors flying around from GE. I own 1k shares at averaged about $14.....I recently purchased additional 500 shares at $11.
Another stock to watch is IOC.......trading at $58 and was $99 in September. Buyout from major(XOM,RDS) of largest gas find Antelope in PNG is imminent plus stock has huge short position. This baby will skyrocket over $100 when the news is released!
IOC yes but Politically speaking, the PNG government is on the side of IOC.
The risk/reward is huge on the upside. Really no downside news........
6 bidders have been confirmed.....decision has to be made soon.