GEOS up another 40% today?? Now closing in on a double from Friday morning! On nothing new (contract was announced a week ago). Man this market is insanely hot! Lots of flyers again this morning...war with Iran be damned.
Great instinct by those who thought the GEOS contract could be a monster. But if it is worth $100M+...or even a small fraction of that...wouldn't they have mentioned a potential dollar amount in the PR?
GEOS spiked up 30% again this morning. Don't see any news. No news needed in this market.
Will be interesting to see the GEOS earnings report next week. And if their outlook with the recent contract is bullish enough to justify the big stock jump. GEOS was languishing in the $5's just a couple months ago.
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