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Gastar Exploration Inc. Message Board

  • cashewking05301 cashewking05301 Oct 5, 2012 1:31 PM Flag

    GST share price

    All you bulls please tell me why this should go up ? Mostly nat gas little oil and can't afford a law suit regardless if they win they have nothing to gain.

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    • Production and cash flow more than doubles in 13 compared to 12. Liquids production grows (already at 50% of revenue) from the Marcellus and their new oil play. Research report I read predicts almost $1 per share of cash flow. After litigation gone, it should be a $4 or higher stock. Litigation shouldn't be expensive since they are arguing over one transaction and one set of documents thus not a lot of discovery, etc. Overall, there is tremendous upside from here. The litigation is meritless.

0.88-0.08(-8.30%)May 27 4:01 PMEDT