Was wondering if it would hit the 200.. 50 day is about to cross above if the price can stay above 19s. Weird how Moving averages work.. Almost Self fulfilling since so many people watch them. Now the question is can we finally restart our uptrend to get us to where CJES should be valued..
Also nice to see lack of posting on this board despite the breakout above 20... quiet boards are usually a sign shorts are losing interest. Or it could be the new Yahoo format drove the regulars to other services.
Good call on the bounce. I only became aware of this stock a couple weeks ago, and bought some this week. Fracking services are a new niche so it's hard to gauge intrinsic values, but the industry has to replace reserves and fracked well's lose 80% of it's production rate after yr1, from that view demand will stay strong. The margin of saftey is that their printing money, and the .26 PEG appears to be legit.