This stock is a play on hopes closing a deal with a supermajor
oil company by end of year according to the company statements.
Very volatile stocks so keep that in mind and I show as a bounce
trade. The idea comes from member jmofield (Jerry)
Posted by lrhoades on 27th of Nov 2013 at 08:22 am
Ive been following this one for years, waiting for a deal.
If it's ever going to be here it's now, CEO put it in the
last CC that deal by year end. Likley exxon mobil, shorts are
heavy in this one and not wanting to give up. Could be a
mother squeeze, i'm looking for it to break all time highs that
were set when they announce exxon was a suitor. 106+ or back
to 60's
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IOC Bounce 9 day EMA Play
Posted by steve on 26th of Nov 2013 at 11:38 am
IOC - Chart Link
This stock is a play on hopes closing a deal with a supermajor oil company by end of year according to the company statements. Very volatile stocks so keep that in mind and I show as a bounce trade. The idea comes from member jmofield (Jerry)
http://www.fool.com/investing/general/2013/11/12/why-interoil-vipshop-holdings-and-ellie-mae-soared.aspx
IOC 10 min
Posted by johnny1 on 26th of Nov 2013 at 11:49 am
Bounce capped so far by the 200 day, 10 min
10 min
Also, remember the high short interest in this one!
Ive been following this one
Posted by lrhoades on 27th of Nov 2013 at 08:22 am
Ive been following this one for years, waiting for a deal. If it's ever going to be here it's now, CEO put it in the last CC that deal by year end. Likley exxon mobil, shorts are heavy in this one and not wanting to give up. Could be a mother squeeze, i'm looking for it to break all time highs that were set when they announce exxon was a suitor. 106+ or back to 60's