I found this post on the Greenhunter Energy (GRH) board. GRH is the company that Mr. Evans led before jumping into MHR. I found it interesting since it could have been lifted from this board if you change out the alternate energy references for nat gas. GRH closed at $20 a share the day this was posted. Today GRH trades for less than $1 a share
"GreenHunter's CEO is top-knotch! 5-Jun-08 02:49 pm
GreenHunter CEO Gary Evans is a renowned entrepreneur with a track record of success, having already taken another company, Magnum Hunter Resources, to greatness. Skeptics need to realize this is not just some pipe-dream company, this is the real deal. This company really knows what they're doing, involved in exactly the right kind of business at exactly the right time. Wind Power, Biopower, and Biodiesel are all going to be HUGE and Mr. Evans knows it.
I would say use every opportunity you can -- such as today's dip -- to load up big time on GRH if you haven't already done so already."
This goes to show the pitfalls of betting on a CEO to reproduce the success of the past. It is hardly a sure thing.
you may not be a short, but you are a little short on history. our hero evens was the ceo of the old magnum huner which became the guts of cimarex--that is what you don't gno, newbie . .
The Republican/Tea Party is regaining power in Congress. This is bad for budding green energy, which depends on government support. Both the Republican Party and the Tea Party do not favor government funding of green energies. Republican Party gaining power in Congress is traditionally good for oil companies, as the GOP (Great Oil Party) promotes the oil industry.
Hey moron, its obvious from the wording that you crafted this yourself. reads that he had already been at MHR before going to GRH.....learn how to read before spouting off your ignorant rants. go grundle licking
was referring to another e&p. my mistake, so I apologize. i agree with the prior posting though, alt energy cannot be compared to conventional hydrocarbons since no alt energy source actually makes money...i guess you'd bash evans if he ran an ethanol company that went belly up, too.
whatever, do a some of the parts valuation and its pretty easy to see this company is significantly undervalued.
Often, I see the benefits of knowing the history of GRH, MHR and Evans besides making money. Evans did not jump to MHR you dumbwit, he crated it. I was there. I got me some of the initial co shares when it was $0.56/share. Garry delivered every promise he made and continuous to deliver. I should've put more money into this co. but I like to diversify. I am not planning to sell my shares until they are worth a 2010 BMW 6 Series Convertible which could be by the end of 2012. Garry has done it before with Magnum Hunter and sold the co after couple of splits.