institutions own all of the shares and shorts cant cover in case of a catalyst hitting. This is going to jump soon. Give it a little time to sort the riff raft out. The company is selling 1/2 of what it is worth right now because of the down cycle. It will cycle around and this is a great gift for investors. Who cares about the traders who flip time after time in a few days. Investors will make money here.
Technicals are great as the turn and trend up is happening. The traders over corrected oil on the down side. The talk of war with Iran and the Ukrane is helping oil.
William and Greg are good additions and know the business to grow. They both are here for a reason. Yes,------
Sentiment: Strong Buy
are you an IDIOT!!!!!!!!!!! Go look at the last quarterly reports revenue has beem50 62 73 and 70 m for the last 4 quarters and 2014 was good. The guidance is 10% more. Do you even know what stock you are talking about. Any dead beat lame basher with a 7th grade education can check it on Yahoo.
They found gas next to CNPC wells........... GO figure?? CNPC is the parent of PetroChina, the fourth largest company in the world in terms of revenue as of July 2014...... The infrastructure is there as well as the well already dug............ This is going to triple.
they are to stupid to find value in assets and the high book value. The shorts know this will survive and do much better next year.
you idiot do the math. Hedged at 86 and 40% at 60$ oil would be an average of at least 70 dollars.
its getting crazy isn't it. The shorts doubled down on us. They will burn in time. We got surpluses news that was bad. This was their opportunity to maximize the short at oils weak moment. Many stocks lost their gains and are retesting the bottoms.
we just got oil news surpluses news this morning . You wont get a cheaper price. Most stocks are starting to move up a little now.
This is going much higher as people have made their minds up to buy. Now with shorts covering and people filling their 401K plans , we should be set for a double in time.
wow what moves in the 5 day charts. EXXI and TPLM were moving also. Shorts are in trouble now.
It nice of you to worry about them. Most have billions of net assets.book values and other assets. What do I care when they are hedged and divy secure
The whole world will be running to American secure markets. The first thing they will look at with the small returns of saving ,CDs and bonds . The investing community will see oil as a gift that could keep giving for 5 years. World money will be flowing into the better oil companies. The smart money has time to watch it rebound.