Friday, January 27, 2012

Into KWK @ $5.165


I noticed Citi upgraded at least two oil and gas companies today and whilst KWK didn't get the biggest endorsement, it was included. Not sure how many other companies were on the Citi upgrade list...

Right now, KWK is sitting right near its 52WL and very close to its 10-day 15-minute 25 period SMA. Short ratio of 6.6 and short interest of 21.5% of float. There's been a spike in volume as well with 10 day volume exceeding 3 month average volume by a good margin.


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