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Comstock Resources Inc T.CRK.DB


Primary Symbol: CRK

Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of North American oil and natural gas segment. The Company primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in Western Haynesville play. The Company has approximately 2,959 drilling locations on its Haynesville/Bossier shale acreage, where the Company estimates to have 4.9 trillion cubic feet equivalent (TCFE) of reserve potential. The Company owns interests in approximately 2,478 producing oil and natural gas wells (1,516.7 net) and operates 1,703 of these wells.


NYSE:CRK - Post by User

Bullboard Posts
Post by dudediligenton Feb 09, 2010 12:51pm
173 Views
Post# 16767212

Taking Positions

Taking PositionsAnon selling like a bandit to other large house accounts. MacQuarie and others getting set for a run and that will take place. Have seen this before, patience will pay off when the positioning is completed.
My take is the insiders have Anon selling for them and the house accounts have been set up to take on the shares at this $2.00 price level. Bottom line is if these house accounts are willing why shouldn't you be? Insiders selling to take profits for whatever reason but chances are they hold many more shares.
  
Bullboard Posts