Emerald Oil, Inc. (EOXLQ)

[JC4033]

Oilin, I agree with you and no doubt oil prices will recover steadily. But the small cap oil sector at risk including EOX which will be hard to recover from a 78% drop. I don't expect them to recover all those losses but at least 30% to 40% is feasible. What I do like presently going for EOX is the current forecast outlook to cut costs and downsize production to keep company a float. My theory could get to $4.00 by end of 2015 (being real..conservative) if they do achieve to reduce production costs and debt. I believe a good short-term indicator will be to watch how the hedge and mutual funds vested here are positioning themselves. For now, will wait to enter position as general investor sentiment confirms "buy". And I am not one who really follows the media and all I hear, but this will be a moment to be in tune since this has gone viral internationally and must capitalize on this 5 year dip. Good luck!