this could easily go back to $8, or more if it catches fire
short alone will hold it up, and new institutional buyers can send it skyward; the company appears to be going through a paradigm shift, accessing remote niche wholesale markets; i can see a multi-day rally here; and they are exploring businesses in clean energy; watch for an afternoon breakout as traders see the potential
NO institutional buyer would ever touch this reverse merger scam. The company has a very murky history and shouldn't be touched AT ALL. Interest costs are up substantially due to the new wholesale strategy which will ultimately fire back on the company once the oil price picks up volatility again.