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home / news releases / PXSAP - Looking For The Next Oil Stock To Run? 10 Companies To Add To Your Watchlist


PXSAP - Looking For The Next Oil Stock To Run? 10 Companies To Add To Your Watchlist

  • The most recent oil price rally has started to attract momentum traders with a large number of oil-related stocks showing outsized gains on massive volume.
  • Introducing ten companies that have already been subject to violent moves in the past.
  • The lower both share price and share count, the higher the probability of momentum traders chasing a stock.
  • Outlining preference for tanker plays like Performance Shipping, Pyxis Tankers, or Top Ships simply because of their similarities with most recent momentum-favorite Imperial Petroleum.
  • At some point, the crowd will depart for assumed greener pastures, often leaving a large number of trapped traders behind. So don't bet the farm on momentum stocks and adequately manage your risk.

For further details see:

Looking For The Next Oil Stock To Run? 10 Companies To Add To Your Watchlist
Stock Information

Company Name: Pyxis Tankers Inc. 7.75% Series A Cumulative Redeemable Perpetual Preferred Share
Stock Symbol: PXSAP
Market: NASDAQ
Website: pyxistankers.com

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