AMEN........All what needed to do is some basic math, follow the volume on stock move and quickly realize, the bulk of LONGS here bought above $3.00 per share. FUNNY how it was supported at $3.01 lol.
Here we GOOOOOO.......4's anyone? How about 5-6..........UNDERVALUED
What you should of been doing, is buying MORE on the dip today. See you above 4 very soon. Big money funds buying here and as I indicated earlier today, the majority of LONGS here paid over $3.00 per share. The volume and stock move following news proves it.
We should be trading above 5 soon.
Many here will make a killing.
Anyone selling this under $3.00 is a fool. If this dips under 3, I'll start buying back sold shares.
Stay on SSE board where you belong.
per share. Clearly some longs chased this mornings pop and of course many who owned the stock prior to news, have secured some gains.
That said, this could still drop below 3, but it's a buying buy back of sold for gains shares.
Just not many sellers so far. After market opens, this either flies above 4, or finds profit takers and drops below 3.
BOTTOM LINE: News is REAL and today we could fly over $4.00 per share. So for those of you who have been chasing this higher, or planning on doing so, allow me to thank you in advance.
Personally, I think earnings will be fine, it's forward guidance that will keep me out before earnings MONDAY in AH's.
Some like myself will secure some trading gains. I sold some yesterday and again at $3.75 in pre this morning. That said, I'd welcome a nice sell off to be able to get those sold shares back LOWER.
cry like babies.
I sold 75% and letting the rest ride into pre.
Secured 75% of gains and will let the rest ride into pre, or beyond.
VOLUME really low considering % gain. Where the profit takers?
Nice momentum trade.
PENNY STOCK AGAIN
release and I'll be looking for a trade. That said, I'll take the trade gains and sit on the sidelines for the actual earnings report. WHY? Because imho, there's a better than 50-50 chance forward looking statements could crush gains ahead of earnings.
So for those holding shares here ahead of earnings, I wish you well and ORIG upside thereafter will have to have some surprise contract, hint of same, or something to keep this rally from dropping right back down. Maybe OIL will continue higher the rest of this week and next MONDAY before close.
Interesting response. I think I understand what you said, but I heard like messages on HMY when it was recently below a buck.