Emerge Energy +30% price $10

Emerge Energy +30% to reach highest level since September

Emerge Energy Services (EMES+30.2%) surges ~30% on 10x the normal trading volume to reach its highest level since September.Bloomberg speculates that the move may be a delayed reaction to Goldman Sachs analyst Waqar Syed's note earlier this week that said the key to EMES improving its balance sheet is selling its fuels business, which could fetch $50M and possibly more, given the current "buyer’s market.”Syed estimates that at peak Ebitda, EMES distributable cash flow may be as high as $1.53/unit; if EMES is paying that level of distribution, the unit may be priced “significantly” above where it currently trades.