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re: MMR--where is the bottom?
Posted on 11/27/12 at 11:20 am to Janky
Posted on 11/27/12 at 11:20 am to Janky
I have been keeping up with them but mostly bc I am in the industry and we are all interested in seeing if they will be able to pull this off with how deep some of these wells are. As an investor I would be very careful. They have put all there eggs in this basket and even if they do pull it off the low NG prices will hurt there bottom line for years to come.
This post was edited on 11/27/12 at 8:36 pm
1
Posted on 11/27/12 at 10:59 pm to GREENHEAD22
I bought 3,000 shares this morning at $8.21, watched it climb to $9 and then close at $8.18. Perhaps it will get to $10 and I will get the hell out. Forecasters say buy and look at the median price at $15 and the high of $21 in the next 12 months.
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