so wheres the rally again in a large timeframe..i can see a bounce off rock bottom which basically folowed oil up...for a proper rally to occur you need to at least breach 8. we had movement from 5 to 7 on small volume with no follow thru. Rally is only going to happen if oil gets over 65 and 2018 guidance shows vast improvement and is realistic. The guidance from Eric at beginning of year for 2017 was ebitda 80-85mm - so need reasonableness in 2018 - in favour of course is higher oil - keep an eye on debt covenants and lending base
SEA Price at posting:
6.7¢ Sentiment: None Disclosure: Held
