Obviously the fundamentals (viability of the Hazer process) are the key to the long term, but in the interim the share price is very dependent on the overhang of MacEquity stock. It would be good to get some definitive idea of how many they still want to unload. Unfortunately until they're out there is always the fear that they'll continue to crunch the price.
Yours truly sold at 23 today at a small profit. Time will tell whether that was foolish. My gut feel is that they might go sub-20 again, but for the sake of the patient believers I hope not. Best of luck.
HZR Price at posting:
23.5¢ Sentiment: Hold Disclosure: Not Held
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