I think FOGL is being driven down so a large buyer or buyers can scoop up shares on the cheep,imo.
The potential for oil in the cook inlet is suggested to surpass the north slope. With oil hovering around $55.00 per barrel it makes sense to buy this one big time. If there is any kind of additional war after the election...and I think there is going to be, the oil supply will be in shock. Thats when FOGL takes off and just might hit a dollar. Jmo.
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.