Comstock Resources Inc T.CRK.DB

Primary Symbol: CRK

Energy Oil & Gas E&P

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

Comstock Resources Inc > INSIDER SELLING - 11/21/11

<< Previous

Bullboard Posts

Next >>

Comment by bing99on Nov 22, 2011 3:56pm

185 Views

Post# 19258784

RE: RE: RE: INSIDER SELLING - 11/21/11

Tax loss - yes. Manipulation - yes. First they dump all their holdings and strike all the bids within a couple of days. Then they hold the price down, selling to their own accounts, and supporting each other while buying back at a profit. The stock is trading lower than most stocks that are only explorers. I only wish that retail investors would catch on and not sell to these vultures.

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale