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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
Comment by BagOfGoldon May 20, 2010 9:37am
272 Views
Post# 17117151

RE: why I think croc share price is tumbling

RE: why I think croc share price is tumblingbuckrod...

I have to agree with most of what you are saying!...However...I think the dump is over done...& I warned everyone here quite awhile ago...that it is not always a positive thing when institutional investors own the majority of shares!...As witnessed here...I have seen the same scenario occur with other stocks where the majority of share holders were institutional!...It is not a pretty sight...When the POG goes down...the share price of these stocks plummet... & the institutional investors use this to their advantage...to grab as many of the retail shares as possible!...Once they have been successful...& the retail investors have sold at a loss...on the POG...& the next good news...the price soars...& the retail investors...are left to lick their wounds!...The manipulation will continue...& hopefully CRK won't go down to $1.00...before soaring!...Also...here is an article which is worthy of reading about the Australia "Super Tax"...Australia...may be not be alone here!...

https://www.bloomberg.com/apps/news?pid=20601087&sid=aEVmLz1wyaGw&pos=6


Bag Of Gold

Bullboard Posts