Savvy Trades and Investments

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PVAC and BCEI both got an analyst upgrade today according to a note I received from Interactive Brokers. From hold to outperform. An analyst upgrading at the low instead of the high would be a refreshing change of pace ha

Yeah I'm with you on the PVAC price not making sense. Energy stocks like BCEI & CRZO are super cheap, especially after this week's pounding. But they've only dropped back to around where they were trading at the start of 2019. Meanwhile PVAC was trading in the mid $50's at the beginning of January. And it was undervalued there. So the low $30's is mind boggling.

PVAC sure seems like a great bet to return to at least $40-$50 in the coming months. Heck it was trading at $43 just 2 weeks ago...so current buyers would be rewarded with a 30%+ gain if the stock only goes back there.