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Started By
Message
PROP a small oil company based in Houston gave its first ever guidance for 2025 today.
Posted on 1/15/25 at 7:35 pm
Posted on 1/15/25 at 7:35 pm
It might be worth reading its first ever guidance press release given today.
Here's a link to it: LINK
FWIW, the shares jumped 50+% today. LINK
LINK
I just found about the press release after today's Market closed. I did buy some shares in the after market for average cost of $8.05. Hopefully, that was a good idea, but I'm prone to making bad decisions regarding stock buys.
I had known about the company for a while, but was too scared to buy shares until I read today's guidance press release.
Here's a link to it: LINK
FWIW, the shares jumped 50+% today. LINK
LINK
I just found about the press release after today's Market closed. I did buy some shares in the after market for average cost of $8.05. Hopefully, that was a good idea, but I'm prone to making bad decisions regarding stock buys.
I had known about the company for a while, but was too scared to buy shares until I read today's guidance press release.
2
Posted on 1/15/25 at 7:55 pm to Longer Tail Tiger
6.42 million float 
72% insider owned
Could be worth a trade.
72% insider owned
Could be worth a trade.
Posted on 1/16/25 at 2:57 pm to Longer Tail Tiger
is this Rosehill Resources 2.0?
Posted on 1/16/25 at 3:08 pm to shotskimakesmysat
Erin Energy Corp burned me in the past.
Apparently they can go bankrupt, wipe your shares, and then re-emerge again.
Apparently they can go bankrupt, wipe your shares, and then re-emerge again.
Posted on 1/17/25 at 3:28 am to StonewallJack
quote:
Apparently they can go bankrupt, wipe your shares, and then re-emerge again.
Oil and gas companies do this all the time. It’s all part of the boom and bust cycle.
Posted on 1/22/25 at 4:17 pm to bayoubengals88
So far, the shares are slowly moving higher (after what presumably were two profit-taking down days after the shares moved 50%+ higher on January 15, 2025, with a closing price of $7.72). Thereafter, for the second consecutive day of the shares moving higher, they closed at today's high of $8.79. LINK
I appreciate all the replies to my starting this thread.
However, I don't feel as confident as I'd like to about the Company and may soon sell for a profit for the shares I bought on January 15th after-hours @ an average cost of $8.05.
I appreciate all the replies to my starting this thread.
However, I don't feel as confident as I'd like to about the Company and may soon sell for a profit for the shares I bought on January 15th after-hours @ an average cost of $8.05.
Posted on 1/23/25 at 3:46 pm to Longer Tail Tiger
I'm out of PROP with a decent profit and won't reenter it. I'm just not comfortable with the Company.
Posted on 2/8/25 at 9:22 am to Longer Tail Tiger
It has been up and down
Posted on 2/12/25 at 2:33 pm to RoyBoy2323
It sure has been up and down and continues to do it today. LINK
Also, FWIW, Zacks Investment Research has raised PROP's shares rating from a #3 neutral rating to Zacks' highest #1 strong buy rating. I think this updated rating was done yesterday or today.
Also, FWIW, Zacks Investment Research has raised PROP's shares rating from a #3 neutral rating to Zacks' highest #1 strong buy rating. I think this updated rating was done yesterday or today.
Posted on 2/19/25 at 7:29 pm to Longer Tail Tiger
FWIW, late during trading today, Zacks' aggressive growth stock analyst's videotaped presentation (about the first 6 1/2 minutes of the linked video below) was posted by Zacks this evening on the Stocktwits PROP message board setting forth Zacks' reasons in support of Zack's strong buy rating of PROP . LINK
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