Crude oil capitulation is close. It is time to look at some small cap oilers that should give a nice bottom bounce. Thursday IVAN, ROYL, MPO, REN, and EOX all showed that the time is here. The three I have listed on this post I feel are prime candidates. All are oversold, have the right beta, with the market being in a volatile state, the time is right for these.
| Earnings Release Date: [not confirmed] | 11/10/2014 |
| Avg Volume | 118.80K |
| Volume 10-16 | 185,814 |
Short Interest (Shares Short)
| 22,500 |
Days To Cover (Short Interest Ratio)
| 0.2 |
Short Percent of Float
| 0.09 % |
Short Interest - Prior
| 36,500 |
Short % Increase / Decrease
| -38.36 |
| Earnings Release Date: [not confirmed] | 11/6/2014 |
| Avg Volume | 1.16M |
| Volume 10-16 | 725,405 |
Short Interest (Shares Short)
| 580,400 |
Days To Cover (Short Interest Ratio)
| 1.1 |
Short Percent of Float
| 0.39 % |
Short Interest - Prior
| 546,500 |
Short % Increase / Decrease
| 6.20 |
| Earnings Release Date: [not confirmed] | 11/10/2014 |
| Avg Volume | 1.17M |
| Volume 10-16 | 2,432,657 |
Short Interest (Shares Short)
| 6,414,400 |
Days To Cover (Short Interest Ratio)
| 3.6 |
Short Percent of Float
| 9.86 % |
Short Interest - Prior
| 2,420,800 |
Short % Increase / Decrease
| 164.97 |