Lonestar Res Ltd New LNREF

Most undervalued E&P firm in the US

[jerrybe]

Given the quality of management, their drilling execution, their partnerships with IOG and Schlumberger, their assets, their hedges, and their banking relationships. This stock has the potential to explode from these bargain price levels. I have added all the way down...I am still significantly below my average cost given the slump since the beginning of the year but I feel this firm is about to be propelled higher as oil comes back from its ashes!

[jerrybe]

Price when I posted my buying recommendation: $2.55 Price at the end of the week (three days later): $3.09 3-day return: 20% Not bad...and it is just the beginning!

[jerrybe]

Now it is at $3.46...building a strong upward base...I expect a significant breakout if oil continues its recovery. We are on the verge of a full listing on NASDAQ. With the limited amount of shares available and the desire of mutual funds and other big investors to get in on the action, I expect the stock to soar. I am biased as I own a significant number of shares. Do your own D&D and

[jerrybe]

Well, we are now at $4.64 and the breakout is officially underway. And we still have not had an uplisting to NASDAQ.  I expect the $100M mark in market cap by the end of the year. That is still a good 50% increase from current levels. GLTA!

[jerrybe]

Now at $5.18 on almost no volume. The fun begins next week. After the long weekend, LNREF is no more. Long live LONE.  Lonestar will be trading on the NASDAQ (full listing as opposed to pink sheet) under the new ticker LONE. I hope the full US listing will give the firm the attention it deserves. This is a gem in the making with a stellar management team and board. Have made all the right