and by the volume it doesnt even look like short covering.Lettuce see how it ends today.I'm betting the ranch on this stock.Nobody wants to go into the weekend w/o being long due to rumors of wars. Monday could be a tosed salad of panic.
This board has a lot of longs on it (including me). I am predicting $12 in August. Could be $8 when the rig finally gets on the platform. At that point the workovers will be steady and production will double, then double again.
At that point, they can begin to look for opportunities to add new production, both on and off the platform.
The Redoubt feild is a "difficult" field, which is why MILL bought a rig instead of renting one. The potential is huge of course: