FPPC is just still undervalued relative to the sector and peers. Insiders buying like crazy with 255% increase in income and earnings going to be up 400% this year! I'm amazed it's still under $2.
Looks like some missed the move up so the minute they saw a buying opportunity they were all over it. Wait till they drill those deep wells in Q1, that could be a huge homerun essentially adding 30-40% to production and revs on the low side and possible 80% on the high side. This is just ONE well!, they may drill 4 in total.
Success there could explode this little company. I'm holding for much higher prices. Strong management, great earnings and low float. Luv it!!