Obama has as much to do with KOG's problems as he does with your being ignorant. Grow up. Herd mentality will drive lemmings off the cliff. You, sir, are a lemming --enjoy your trip down and remember on the way to the bottom, that is was your herd instinct that killed you and that Obama and the rest of us, are relaxing and having sex with the maids..
Sentiment: Strong Buy
KOG is not undervalued !!!!!!!
Its DEEPLY undervalued ! ! ! ! ! !
As the company goes forward, it will reduce its debt load while production continues to increase. As this happens, it will become clear that the company is grossly undervalued. The smart investor will recognize that value now and get in on this rising stock early. The company is currently trading at around $9 per share. As the company continues to capitalize on its proven Bakken resources that share price should double this year. The market cap is less than $2.5 billion, and that is going to grow substantially. The best days of Kodiak are yet to come.