Once oil heads higher...you will see Emerald bring back their rigs and significantly increase production. They will be profitable. Analysts will then show up late to the party like they always do and start increasing their #'s as well as their target prices. This is an early guess but depending on how long it takes oil to recover and based on their future increase in production this could easily be a $10+ stock in 18-24 months. If oil didnt collapse we might have already have seen $9-$10 a share
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