Hi string, first of all i have to say i really like your posts. I can tell you do a lot of research and always provide hard facts. My question to you is how to play this stock in the future? What kind of jumps (dips-hope not) do you expect to see? I own this stock for about 2 years now, consider myself a 'long' rather than a shortie, just trying to figure out when to sell and make some money finally. For instance, after results of seismic survey are revealed and results are great (which I expect), stock jumps significantly..i expect it to drop down shortly after the jump simply because people will want to cash in on the jump. How will you play it? Will you sell on the jump or hold it for another few months maybe? How do you expect this stock to behave if results of seismic survey are positive or perhaps even great. Target price by few website is $14.91, do you think it's realistic? Looking at past behavior of this stock it seems it cannot hold its value for too long, do you think this will change? I'd be very interested to see what you think.
Thanks in advance for your feedback.