Camber Energy Inc (CEIN)

[lukin4winners]

Camber/Viking merger needs $1 30days requirement for NYSE which is one of their main goals.


BOTTOM LINE
We should be hearing from the SEC any day now that the Form S-4 cleared. Once that happens, shareholders can vote and the merger will be completed. The goal is to re-meet the initial listing standards of the NYSE American. One of the requirements is a $1 minimum share price for 30 days. With the stock perking up, we expect the $1 price to be exceeded as momentum players pile into Camber Energy. With 5% of the float short, we also expect a nice short squeeze to help make $1 and above an easy target.