JPM's "downgrade" apparently caused the stock to drop substantially. This stuff is cyclic. As if we didn't know, the amount of petroleum in the field is limited, someday to run out. This is never news. But now and then someone exclaims like it is a new finding, and the price drops, until cooler heads prevail.
The pay out is great, and the stock price will come back up soon.
Shorties have not been successful running it to ground. As cooler heads prevailed it appears to be leveling off at only a 16% drop around 59 , still far above its $36 price when it began its growth Feb 9. But still above the analyst's 1 yr tgt of $48 avg. Shorts covering is about over. Part of its drop has been due to general mkt conditions. Dow, S&P and Nasdaq are all recovering from their initial drop this am.
Cramer has been and will always be a jerk, not an independent analyst. "IPO of $16 in Sept"? Chart shows it effectively began trading at $30 then. Besides that, Israel engineers have a lot better judgment and IQ than he or the other shorties. Last Qtrly growth = 81%.