LCBM68, I agree.
From a technical point of view the BREAKOUT should start this thursday (09/03/2015). I monitored the last trading sessions closely. F.e. some big buys to appear. Finally yd someone bought 56,911 shares. In march 2011 one would have paid $2,703,272.5 for this amount and on top of the runup than.
It has gone up steadily since August 24th with an all time low of $0.50 on August 25th ($0.05 pre-split).
Goldman is calling for an intermediate oil rebound.
The low is in IMO and nobody realized (lol) and we are up %36 from this low already....
I say we´ll see $1 on thursday or friday.
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