This could get to be a pretty good short squeeze. Huge short interest and this company came pretty close to bankruptcy. With oil prices rebounding and reworking the debt structure, they just might have pulled a rabbit out of the hat!!
My guess is we test 1.00 tomorrow as the shorts don't want to be the last one to cover!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.