Nope, the joke is oil is 103, up almost $2 today, and this dime store doozy is down.
There are dozens of 'quality' oil/gas companies; why waste your time/$$ on this mismanaged laggard??????
Sentiment: Strong Sell
it's horrible news. leaving the board after two months is not good under any circumstances. also there was some insider selling (not huge-but big enough 24k shares by potter). if the whole story for PWE's runup was a buyout, then this deflates it big time. speculate all you want, it doesn't look good to an outsider.