We have been told the lady month over and over they won't make it. The shorts have made their large positions public. Know the ball is in the longs court. Let's see how they like it knowing company fillings are going to come out soon. Yes, slam dunk.
They sold property to raise 55 of the 65 million needed. They got an extension for the rest. News on the ten million could be coming for a double. AH is very wrong to be selling. Even selling 10 million shares could do it. The stocks insiders should be buying. I bet they secure a rich backer soon for secure shares. We are about to blast off.
They have raised 55 of the 65 million needed. The rest should make the stock double. I would raise it with selling stock right away and the stock should double.
The FED just upgraded the economy. GST is the most hedged and should do well as the economy improves. EITHER way GST is a big buy here
resistance at its 200-day moving average (MA) of $2.50, as well as support at its 50-day MA of $1.20. REN made the top gainers lists. Technicals in place for a good rebound as oil across the board found strength. The liquidity situations is better with news on the companies good compliance with the regulatory agencies. Resolute Energy share prices have moved between a 52-week high of $8.98 and a 52-week low of $0.55 and are now trading 133% above that low price at $1.28 per share. Over the past week, the 200-day moving average (MA) has gone down 3.7% while the 50-day MA has advanced 2.4%. The new found momentum could double the stock as it is down over 80% and could be a gainer in the second half of the year.
In their last quarter report they were concentrating on cosmetics. They have produced fuel with Chevron but my guess is the green gue is more expensive. They both have potential.
that's a big move becoming secure and the future becomes brighter. Institutions should be on board soon.
Revisit March lows yesterday..... 30% upside for swing traders. Long range investors stand to make a killing. The stock is now down 30% from the last uptick. The shorts should be running. The oil industry is not in as bad shape as the shorts have made it out to be.
Taking a look at the chart, you can see that the price has moved nearly 60% so far this year and that the price is trading with a triangle pattern. The converging trendlines suggest that a breakout is likely in the coming weeks, and the recent crossover between the MACD and its signal line suggests that the direction will be upward.
Genious that understands the middle east and Shiites. War in 5 countries and Iraq oil wells going to tebals as Syria wells.
.. Capital expenditures for the year totaled $37.5 million in 2014. This included $27.0 million spent on exploration and development, $5.8 million on maintenance expenditures, including the compressor optimization project, and acquisition and geological and geophysical expenditures of $1.8 million and $1.4 million, respectively They paid a lot of debt down and continued spending for their future. This could pay off very well in the future. They paid like 9 million of the debt off and still invested big for their future. they converted a lot of the debt. they are shutting a lot of production down until oil goes up and subject to change. management is very good and this is not their first rodeo.... Nothing is wrong with this balance sheet. See you much higher.