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Goodrich Petroleum Corp. Message Board

  • cmk_us2001 cmk_us2001 Apr 14, 2014 12:00 PM Flag

    GDP Louisiana news

    GDP Louisiana news How big is this news.?? Is it safe to buy GDP now??

    Sentiment: Buy

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    • cmk,

      I'd hate to advise anyone to buy during such a spectacular run-up. However, I saw it run to 28 dollars the last time and went ahead and bought 100 shares at 25 dollars. When it fell to between 17 and 18, I bought 500 more and I was still glad I did, even when it fell to the 12s.

      Anyhow, I guess you could decide how many shares you would like and then buy 10% of that now and another 10% if it pulls back a bit. You could get lucky and see it pull back to 18 or 20 but I wouldn't count on it.




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