You haven't seen anything yet! The price of oil was down big time today yet NOG was up with strength! Imagine next week when oil price corrects. NOG will be around $16 by the end of next week, imo.
SPAMMER!
SPAMMER!
Agreed and I think the main reason this is down a few pennies is mainly because oil is down today. Majority of oil and gas companies are in the red.
Honestly, you would be a moron if you think that KOG merging with the likes of a CLR would be a bad move. If KOG holders got CLR shares for their KOG shares and the companies became one, shareholders would be much better off. CLR is a beast and my call options flourished today. Do you know what options are?
awkward
Down by .03 in AH not that bad. Earnings miss is not always a pps killer. forward looking guidance is where it is at. Look at CZR, they blew earnings horrendously but because of online gaming they are up. Also, CZR has like $25 billion in debt with about $1 billion in cash. It's really all about perception.
Personally, I think KOG would be better off selling the company to CLR or one of the other larger Bakken plays.
Looks like the opposite holds true. How is your so called short position? You should just give me your money and let me kick you square in the nuts. It would make more sense than shorting this stock.
Sentiment: Strong Buy
Not pumping these 2 companies but KOG and NOG both report earnings AH today and may see the same results as CLR. Check them out. They could be take over targets by CLR or other big Bakken players in the future, imo.
They destroyed estimates and increased production guidance...yeah real pos. Go back to playing pinksheets where you belong and let the big boys trade up here.
Sentiment: Strong Buy
Granted CLR is the biggest producer in the Bakken and they crushed earnings today, KOG will follow suit with a top and bottom beat tomorrow. They have been cutting costs and I think that will reflect in the eps. I'm guessing a beat by .02 and $15 million in revs beat. NOG reports tomorrow as well.
Sentiment: Buy
The sad thing is investors are buying the shares solely based on internet gambling being passed in 2 States. 2 small States at that! It will be years before other States jump on the band wagon and I don't think they will generate enough revs to pay their debt of $21 billion or so....$21 BILLION in debt!
Sentiment: Strong Sell
The legalization of online gambling in 2 STATES will not help this company out of the whole they are in. I think this country is years away from other States jumping on board with it. The population of NV and NJ is not that big...This company is going to have to dilute to cover their debt, imo.
Sentiment: Strong Sell
This has to be one of the worse run companies in the market! I can not believe they ever went public...just horrendous!!!
Sentiment: Strong Sell