Stockchase Opinions

Hap (Robert) Sneddon FCSI Enterprise Group E-T HOLD Oct 09, 2024

The thing that strikes him about the chart is that it's gone parabolic. With stocks in the $2 range, technicals sometimes go out the window as the market begins to understand it. Thinks it's sustainable. Lots of support right around $1.60. 

No reason to sell, but could have a really big swing due to the size of the company.

$2.360

Stock price when the opinion was issued

oil gas
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Very high margins, using nat gas instead of diesel for generators in its power division. Power division is growing quickly. Chart is beautiful, more room to run. Anticipates a $4-5 stock.