Let's hope management controlled costs (for once). The earnings estimates have been moving up over the past few weeks...now only expected to lose $0.06 on the quarter. With oil back at $70, this could be a decent quarter (i.e., narrower loss). I'm hoping we have a good earnings report, call and receive up-beat guidance so we can get the pps moving up....GLTA!
I haven't posted at WRES for months...have been busy holding 13 stocks and can't post on all of them.
WRES, I had paper loses over 70% but recover and quadruple from the miserable $0.4 (low). Let's hope it reaches the $5s so you can recover your losses.
Good news, it seems every stock is going up with the current secular bull market. Secular bull markets last for years, not months. This secular bull started on March, 2009 and can end on March/2010.
I did some research on stocks even stocks with bad earnings have been going up. Here's today's example of a stock that lost billions only to go up over 11% on the news. http://finance.yahoo.com/q?s=LLOY.L