Magnum Hunter Resources Corp (NYSE:MHR) soared 2.45% to $6.70 on a traded volume of 1.49 million shares. Topeka Capital Markets restated rating on Magnum Hunter Resources Corp. as buy. The firm currently has $8.50 target price on the stock, up from their previous target price of $6.50.
never sell on a massive down day...wait for it to bounce....folks this is not going straight down....stock already lost 30% in the last 3 wks. Bounce will come and part of the gap will be filled.
The real volume which advertised this move was Oct 22 with 90+M. This is going to $15 if we can breach the 10-15 dollar range.
Not to mention the Disney Store w/give them a leg up because other retailers don't have that concept. JCP will be a 2014 turn-around stock. $12 by Mar