When STWS has some news about the Ft. Stockton well development progress, this will take off and get over $1.00 and stay over $1.00. That is more than a 40% gain from the current price.
IMO, pilgrim.
Everyone wants to get into a stock with a lot of daily volume and a nice trend line. STWS needs that volume, but that volume will only come in when the company has more to say about their water drilling business.
I like the really low public float too. It does not take a lot of new buying interest to get a move back to the recent $1.25 price
But the sexiest story would be a contract for the Salttech desalination technology. Now that would light a fire in STWS in both price and trading volume.
I will be trying to buy some more after a trade settles.