The knife may have bounced off the floor yesterday. I see us going sideways from here until tax loss selling is over, unless one of those sellers gets impatient and wants out fast, then there may be a repeat of yesterday. First of the year I expect an upward bias for years, and some very significant price appreciation once drilling gets near. If a rig of opportunity shows up, it will catch those on the sidelines watching.
This is the real deal. There is even a web site that gets updated and sec filings to read. They didn't get the millions in the bank as a goodwill gesture...