Keep an eye on Grey Wolf (GW)

I have kept an eye on GW for the past week and I have noticed increased buying, especially by institutions. Can this be the run up that GW has been waiting for? Time will tell! For now, keep it on your radar and if you want, start an initial position while its under $8

Grey Wolf Inc (GW - AMEX) 3 month chart- Current Price: $7.86


If you look at the bottom right hand corner of the chart, you will see that the increased volume during the last few days has been mostly buys since the money flow indicator is in the positive. This is very bullish for GW, and could be the signal of the breakout that everyone is waiting for. It is about time GW gets a boost.