Have gotten into trouble. Company is focusing on paying down debt. Good pipeline and exploration. $12 target in next 6 months. $14 target in next 12 months.
Have shed some assets and have gotten past the problems that plagued the sector. A quality name. Volatile. Doesn't think you can get too badly hurt at this price.
A great story. Still has tons of debt. Will probably make it. Has still not filed its 10K from 2003. Wait for a month to see if their numbers are clean.