This company seems a bit undervalued in my opinion. I also expect oil prices and the related industry to boom until the 4th quarter. I'm a little late on buying in but i think I could squeeze out a 20% gain in theory out of this company.. This is my first real options trade- So any opinions would be appreciated.
Well just from a quick look: None of their important Stats are shown There are no options to hedge such a high risk penny stock They are in a downward trend But I'm no pro. is there a reason why you like them?
It hasn't bounced to $20 in the last 4 yrs. Speculation at it's finest but at a penny, one day you spend a thousand bucks and maybe a year later it's half a million or (?) for a day or hour. ... Or, you lose your thousand bucks.