Thats a good story Jeremy.... Actually really good.... Here is a view strictly technical in relation....

Epo is 20% off its 52 week low.... wpx 10%.... aaa 5%.....

none of those charts show any actual interest by anyone as of yet.... I will only discuss the AAA chart....

I drew some trendlines to give a little understanding of the psychological aspect behind the picture...

Of course the slanted line represents the trend.... this is rather obvious. Line number 1 shows long term resistance.... everyone above that line in the last 52 weeks is in the red. That represents the number of people that want to break even and the mentality for most is.... they just want their money back. Line 2 and 3 represents a trading channel.... meaning if one was so inclined... you have orders in at .43 and be selling at .45-.455... the more times line 3 is touched... usually the more signifigant if it is violated.... considering where the price already is.... I'm not so sure about that this time.

The reason I drew this in the 1st place was with a view of your story.... asking myself where I would place a buy stop in the event some surprise financing/take over bid happened. There is quite often some sign beforehand in the price movement of the stock if anything signifigant may be at play...

Technically the balance of the variables suggest......  just watch..... or perhaps swing trade.

Happy Day Steel....