Comstock Resources (CRK), Much to Like! Message Board

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Gold/Mining/Energy : Comstock Resources (CRK), Much to Like!

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To: r.edwards who wrote (4)	11/7/1999 1:14:00 PM
From: Ed Ajootian	of 20

Topped off the position on Friday with a buy at $3.94. In my view a very likely scenario is that the stock bobs around $4 one more day tomorrow and then blasts to the $4.50 mark or so on the 3Q press release. Not that the results for the quarter will be that great, but I am betting that CRK will mention what their current production rates are, as compared to where they were for 3Q, and folks will suddenly realize how much impact these wells in the Double A field are having. BTW, I found a way to buy stocks such as CRK on margin. Accutrade will allow listed stocks to be bought on 50% margin down to $4, and between $2 and $4 you need to put up at least $2. Buying on margin really ups the ante, in both directions obviously, but I feel real good about this one.

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