This one is setting up for the mother of all spikes
Extremely low float, was well over a buck a couple weeks now down to .68 on no news? Add on that this company has been drilling wells left and right this quarter and has already projected profitability; add on that this has a history of massive spikes, was over 8 bucks a couple years ago, and the capital situation is well under control and you have the ingredients for the mother of all spikes. Do your research here I'm not BullsH&*ing here. Smart money should begin accumulating prior to the earnings.
When is the next earnings release... I've been asking and researching but nothing. LEI should've reported already.. Based on the CEO's last video conference and the price of oil this 1/4 the numbers must are going to be good.