I bought GOU a while back @ $4.00. A large instatutional stock holder was angry at management and was unloading shares. Shorts on the message board were trashing the company. Many people dumped their shares cheap. In about year GOU was bought out over $8.00 a double. I have found that buying oil and gas on the cheap is the only way too make money in this sector. Less than $10.00/shr MHR is cheap. I will add more MHR at these levels and will sell when its much higher.
There's more riding on tomorrow's CC than you think dirshird. Hopefully Evans reads this board so he can prepare his team for some of these questions. As if they wouldn't be asked anyway(?). OTOH, maybe they wouldn't be. The PRZ CC's were pretty soft except for the SOB from Westby and his marketing thing. The big guns will be pointed right at Evans and his answers better be convincing. Especially regarding reserve number growth and production romping up much sooner than the recent reports indicate. Come on Gary, don't let us down.
Agree but I think their diversification w/oil & gas, news of EPA/fracing determination, rather large short position now covering has initiated a substantial positive volume.
BUT why the hell is KOG flat, barely reaching avg volume for several days now ???