Aurelien

Royale Energy: Textbook Illegal Trading?

This company isn't actually worth $14 and that speculators pushed it up, and that now it is again trading closer to its true value? It lost money in the 1st Quarter and made about $.10 a share in Q2. At this rate, even $5.76 is a pretty generous price.

CNEH, an oil company I'm invested in, has $.38/share earning in the TTM, and is about to announce about $.20/share for Q2, but they are only trading at about $4.35 right now. So how exactly is it the market makers faults that your stock went back down to a more realistic price?