Well do you rush in and buy when everyone is selling or sell while you still can? This is where fortunes are made and lost....... Hard to buy to much of a .35 stock but it could pay off handsomely if a deal comes through.
Yes I am here to make a fortune and that is all. I don't care if it slides to .20, it is up to the market to realize this gem is worth 10 bucks today not tomorrow, and most of it is HTL, as far as value. But they will. Ecuador is a country addicted to oil revenue since 1960. They have large indigenous communities that were largely left out of the bonanza as Chevron polluted their lands endlessly for thirty years, and as production delcined, and native grew more powerful, the legacy is what we see today, a regime that desperately needs new oil revenue, but wants to be the second Bolivia, Corea is Morales Light, but the truth is that Ecuador is a corrupted country and addicted, and their current rhetoric will dry up when jobs are needed. The Chinese are crazy about HTL or they should be, since it is technology beyond their own abiliities. The US has more wells in operation than the rest of the world combined, and the future is heavy oil, stranded oil, offshore (think SBM) oil in Indonesia, India, Bangladesh, oil in dangerous places like Kurdistan--Ecuador represent oil security for the United States, and IVAN is really running downhill but Corea needs to make it look uphll to apologize for the mess Chevron Made, so we suffer a while longer maybe or we hear new THIS week.
I don't know about the low $.30's. I'm looking at a 3 year chart now and RSI and CCI have risen from their lowest points on the chart. There is actually a little Accumulation showing on Accum/Dist. Usually after a CRASH there is a RISE and another DP. I think we are on the second dip. But I am a bagholder hoping for a Happy New Year....