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Energy Resources OUTPERFORM Plans To Frac 5000 Ft Section - Permium Basin - Drives TRCH NASDAQ Higher - Shorts Run TRCH NASDAQ saw an increase in short interest in June - July As of May 15th, there was short interest totaling 3,377,309 shares, an increase of 36.0% from the April 28th total of 2,483,122 shares. Based on an average daily volume of 397,966 shares, the short-interest ratio is currently 8.5 days. Currently, 8.5% of the company's stock are short sold. These shares have doubled in the past 9 months We feel that these shares have significant upside volatility due to its high short position . We place a $2.25 price target on these shares , a more than 50% increase from todays value. MORE Rated Outperform www.marketbeat.com WallStreetResearcher.com : WallStreetResearcher.com is a subsidiary of Target Publishing Inc, and is a leading publisher of todays market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportuXnities for industry partnerships, corporate communications, market exposure and investment. We are paid in cash for our distribution and do not accept shares for our services A complete disclaimer can be viewed HERE
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