GREY:LSTMF - Post by User
Post by
HDP18on Apr 12, 2010 10:11pm
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Post# 16984007
This stock is volatile
This stock is volatilePBN down to 26 and change, then they close the Result deal, the stock takes off, then the sell down...maybe by the Result holders getting out to move on. PBN is making a lot of deals and the acquisition strategy has its risks, but likely the quality of light oil in the Bakken will pay out. Oil price, fair bet to stay between 75 to 85 range. If this stock can pull it together and deliver then figure 30 clams is fair. But ya never know, might retest 26 and then if that breaks I'll buy at 23.