Emerald Oil, Inc. (EOXLQ)

[JC4033]

Looking to get a discount next few sessions with EOX in the low to mid $0.70's and which I think short-term (30 to 60 days ) upside is much greater than the downside as the barrel hangs mid to low $40's coming weeks. I do not believe todays crude oil upside intraday session is any indication of an upside anytime soon and is simply manipulation. My theory, while shorts continue to add new positions coming weeks, it just adds that much more strength for these small caps to pop when the reversal occurs. It is amazing how the general oil sector presently has doubled in short interest past two days and still rising daily which will be the ticket to a nice pop. I say accumulate on the dips next 2 weeks because the general oil sector will begin to consolidate mid March to early April. But take heed, when the reversal begins take profits 1 to 3 days because many many small cap oil companies will not survive the financial disarray after all has been said and done. But for now, got to buy the dips and buy during the side trending action.