3SOF

Stock currently trading at 1.98.... We have a negative divergence w/ acc./distr. curve... Got in at 2.00...

Great topic, although I am looking at the timing. However overall the price of crude has become political. Everybody talks about price of crude, specially politicians. And certain countries are becoming increasily proactive in regards to this.
Aside from that, it seems like Large oil corporations are very concerned about Hubbard Peak and are investing heavily into new oil prospects. Problem is, in many cases, my opinion is these large oil co's are trying to compete with state owned companies, whose main priority is not profit margin but generating revenue, placing themselves at a disadvantage.
So yes I do agree in these smaller low cost companies. I am also looking into other oil related companies, such as CBI, which is engaged in oil drilling, which retains upside of industry while is not exposed to any barrell price movements.
However the main flaw I see is I am not sure now is the right time, as we have already seen plenty of upside, and have a tough time finding a current reason to enter.

Seems stable in the 0.048 -0.051 range. Actually got back in & filled at 0.048.
Volume is low at this moment. However I expect it to end the day on the upper end of this range. Tomorrow morning we will probably see a strong upward trend.
Anyone disagree?