Cheap Barrels, Forced Seller, Hormuz Risk -- I'm In
This is an updated, more event-driven thesis expanding on my earlier analysis of REI. Ring Energy (NYSE: NYSE: REI ) is one of the most mispriced small-cap upstream oil names in the US market right now. This Analyst's Disclosure:I/we have a beneficial long position in the shares of REI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stoc ...