What a wild ride investors in Torchlight Energy (NASDAQ:TRCH) have been on. Indeed, since mid-June, shares of TRCH stock have been on an absolute rollercoaster ride. Shares went from around $3.50 to nearly $11, falling back down to the $5 level of late. Source: Shutterstock Now, investors who have held through this uncertainty are still up. However,…

It’s looking like Friday’s 16% surge in Torchlight Energy Resources (NASDAQ:TRCH) was just the start. Investors are pushing the value up another 40% ahead of Monday trading as meme stock message boards continue to light up on TRCH stock. Source: Shutterstock What’s behind the move? Fundamentally, it could be today’s announcement that the company bought…