Three months ago RIM was at 6.50 and people were throwing it into the hearse. look at the pop in the last week. I has Han 15 calls that I gave up on and they rebounded 300 % today. Some one put the squeeze on RIM while the American markets were closed. I see a repeat scenario on Penn West.
Penn West has alot more going for it than RIM. I expect that once the snow falls and people think about heating oil, natural gas and Keystone some one will initiate a squeeze here too. This stock can move from 12.50 to 16.50 in a month and back down again in half the time. Hang in the longs, I had given up on RIM and it surprised, I see a repeat here.