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.
No¡!!!!!!!!!!! New high coming at 10 after the market comes to terms with the bad press and shorts BS. Time to place your future bets.