HDY is not yet an oil company. While there may be trendline similarities suggesting a connection between oil and our company, isn't it more likely just coincidental? HDY has never produced a single drop of oil.....something I'm unable to dismiss. We are definitely not an oil company!
Also, Ray primed the pump when he announced that a JV deal was in the making with a deadline of Jan. 27. I can't imagine his ignoring shareholders' entirely reasonable expectation of news and divulging the outcome of that negotiation in process.
These fundamental's mixing with the technicals should produce the perfect storm in full gear by the shareholders meeting in less than 4 weeks. I would expect $20.00 by the 1st quarters end!