Support and Resistance
I ran a support and resistance Bollinger with Scottrade's Advanced charts (for ten days):
"Bollinger Bands
USOG's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility. Additionally, USOG is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action."
It shows support right around .0049.
It shows resistance right around .0065.
The best way I see to get the price up is to remove the Float (those shares that are publicly traded). The "Shorters" and the MM's won't have that much stock to work with. The short to cover is less than 1 day which is not bad at all. Instead of hitting the Ask, just gobble up the float. The price is low enough where we, the investors, can do it. The float is over 300,000,000 per last 10Q. So just buy and forget (but have alerts set for the payday).
