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Gold/Mining/Energy : CPE: Callon Petroleum Company -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (9)11/23/2002 5:15:22 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 31
 
See messages.yahoo.com; mid=271

The table is now set and we have Frank Bracken at Jefferies leading the charge, reiterating his "buy" on the stock after the 3Q earnings release, when the stock was at $5.50. Friedman Billings is right behind him and also pounding the table but not so hard.

Wouldn't be surprised if one of Fred Callon's buddies is bidding up the stock price here, to keep up the momentum. Since the stock is so thinly traded it takes miniscule $$$ to make this thing move.

No interest in the retail community at all yet, but that's OK, we will need you guys to take this thing over $10 next spring when initial production at Medusa is announced and the company gets "strong buy" recommendations from several major wirehouses.

I have now bought all the shares in this that I dare, and now I'll just take a seat in the bleachers and watch the show!