Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jmark1on May 26, 2010 7:19pm
287 Views
Post# 17134226

RE: RE: NO PRODUCTION!!!!!!!!!!!!!!!!

RE: RE: NO PRODUCTION!!!!!!!!!!!!!!!!Funny how most on this board have been saying it's a good entry point all the way down !!!

So what changed that they need more $$, they still claim they will produce 100m oz. this year which should provide enough cash flow, no?

They could have easily waited until commercial production started in a week. But no they pull this.

IMO there is no good entry point for this stock, it's being manipulated so that the transfer of wealth goes from the retail buyer to the big boys, plain and simple!

Had a buy order in today at $1.35 and pulled it before I went to bed as I didn't like the way it was trading. Damn glad I did.
But on a positive note the players will have some more fun with this one!!

John
Bullboard Posts