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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (3157)9/7/2012 5:37:53 AM
From: richardred  Respond to of 7252
 
For sure being highly volatile company. I think you will do well with it down the road. Although fracking has slowed considerably due to the low price of NG in prime NG areas. I don't see prices staying down forever. Especially for those who have budgets big enough to still want to use this enhanced technique for the discovery of it. Albeit at a slower pace now. IMO Discovery wells can still be capped till prices rise for those who can afford it. The latest acquisition for sure has brought it into the spotlight. I wasn't sure what it did till I saw it a few times on the gainer & loser list before. I also have a good friend with the same last name. In due time. If NY ever opens up to fracking in counties that want it. IMO The stock would surely be given a boost.

Vacation day today. I'm off to Herkimer early this morning to look for Diamonds (Natural faceted quartz)