possibly...my gut tells me that it will take longer because there will be considerable profit-taking between .13 and .28. I chose those numbers because those who bought in at .10-.12 will be selling to get their original back around .13, and .3 is a good profit-ceiling for buyers in the single digits, so there will likely be heavy resistance at both. Opinions, obviously, and severely off the top of my head....
remember too, that most of Phoenix's networth is projected. They are not producing oil in Wyoming *yet*, and have not acquired ProGas *yet*, and have not received revenues from them *yet*.
anything below .30 is a steal...get 'em while they're cheap :)
IMO
"A one that is not cold is scarcely a one at all" --Strongbad
