My guess, and only a guess, is perhaps some initial institutional buying. The gas results this week could only have further substantiated the value of this little stock though overall its really very tightly held.
BTW is there someone out there who might be able to interpret this week's gas results and put it into some overall context for the company's future health?
For a lay person the laying out of gas flows as these companies do it's difficult to assess exactly the level and significance of the flows. I'll bet whoever bought knows exactly the significance.
Any judgements?
PVE Price at posting:
$1.60 Sentiment: None Disclosure: Held
