The oil stocks are telling you the price has bottomed...many are up 50% 100% off the bottom...The key IMO is to leg in and not buy full positions so you don't get blown up...I think WRES can bounce back up to 2 bucks fairly quickly on the chart along...This is a spec stock for sure but sure is fun to trade...GLTA
Sentiment: Strong Buy
I think it's setting up for a bit of a panic reaction for the shorts...this little co could be taken out over night...I think the volume says it all...They are NOT going out of biz so path of least resistance from here is up after the report...glta
No it's not official but every year they raise the divvy as of late...4 at 27.5 then 4 at 35 and now 4 at ???
shorts could lose control of this stock fast...
This is the kinda stock that can blow a shorts head "clean off" as Clint Eastwood used to say...The chart is really starting to turn and the slightest bit of good news and we are off...glta