If you recall, Indonesia Energy saw another big jump just tw...

If you recall, Indonesia Energy saw another big jump just two months ago. Back in late January, $Indonesia Energy (INDO.US)$ stock jumped well over 100% after announcing plans to drill new wells within 30 days. This spike was notably short-lived, as by February the stock was already back to its roughly $4 price point.
Indonesia Energy joins a number of oil and gas producers which have seen a recent wave of attention, such as $CVR Energy (CVI.US)$ . CVI has since cooled down today, currently trending up just 3%.
It’s unclear how long oil prices and related utilities will be selling for a premium. Regardless, INDO stock fans are likely happy to see the continued gains.