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Abraxas Petroleum Corp. Message Board

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  • jpegwmv jpegwmv May 3, 2012 11:57 AM Flag

    Advice requested

    Buy more - it is oversold right now and likely will have a major uptick on the next update about production. Buying lower now will average your cost basis way down.
    Check out the relative strength index and the slow stochastic historical - it will drop a little more but in about 6 months will be trading around 3.75.

    Good luck!

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