Kendell,
This is old news that I pulled using a URL from the other CWEI thread but it is the same good news:
Stock Picks (Much help from Dave Cook, so much that I call this section Dave's Darlings): CWEI: Heavy Insider Buying, Oil Prices Rising Rapidly (over 10 percent recently), Cotton Valley Pinnacle Reef has incredible potential, growing following, low float, analysts asleep at the wheel with estimates and are constantly surprised. Also latest quarterly 12 Aug, .32 vs (.14), consenus First call was .23 This was a winner at 3, its a winner at 10, and by industry average is should be worth 25. Also is now getting recognition on Motley Fool boards. Last but not least, analyst upgrades should be coming out based on latest earnings. One upgrade came out just recently by Hanifen, Imhoff. Raised target price to $18 and EPS estimate from .66 to 1.37 for FY 96. LATE UPDATE: CWEI APPEARS TO BE GOING INTO COTTON VALLEY LOOKING FOR MORE OIL BASED ON FRIDAY NEWS. 3Q COULD BE AS MUCH AS .65 BASED ON PRODUCTION AND OIL PRICES AND THE FACT THEY AREN'T HEDGING. BREAKING OUT OF CUP AND HANDLE. VERY BULLISH. STILL ACCUMULATING. ALSO, DOWNLOAD LATEST REPORT FROM HOMEPAGE. WEALTH OF INFORMATION THAT POINTS ONE WAY
Buzz |
