Before the close of trading today
of $75 a share. There must be a few Shorts that made millions on this pig.
if only the Federal Reserve Chairperson and the current and retired Reserve Governors and Presidential hopefuls could keep their mouths shut about the stock market especially regarding biotechnology companies and their prices for drugs and their stock prices and go about their business, things would be a lot better.
He talks too fast to understand every word he says, but is apparently a shareholder in the company in his charitable trust. I believe that the phone calls he takes are orchestrated, so when you see "EXEL" flash from a chosen caller, he is pumping the equity to support his position. Right or wrong as for taking advantage of his media exposure and influence, he makes his disclaimer as a holder of the stock in the process, because of law.
Only cry if you don't have the money to currently add to your position . . . and then you will cry even more in the not to distant future when the stock trades at $10 to $15 a share.
August 30th, 2015 - by Doug Madison
Shares of Magnum Hunter Resources Corp (NYSE:MHR) have been given a consensus rating of “Hold” by the seventeen ratings firms that are covering the company, Market Beat Ratings reports. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $2.98.
Several equities analysts have recently weighed in on the stock. Zacks raised shares of Magnum Hunter Resources Corp from a “hold” rating to a “buy” rating and set a $1.00 target price for the company in a research report on Monday, August 17th. KeyBanc reaffirmed a “buy” rating and issued a $2.50 price objective (down from $3.50) on shares of Magnum Hunter Resources Corp in a research report on Tuesday, July 14th. Capital One Financial Corp. upgraded shares of Magnum Hunter Resources Corp from an “underweight” rating to an “equal weight” rating in a research note on Thursday, June 25th. KLR Group cut shares of Magnum Hunter Resources Corp from an “accumulate” rating to a “hold” rating and dropped their price target for the company from $3.00 to $2.00 in a research note on Thursday, May 14th. Finally, Canaccord Genuity cut shares of Magnum Hunter Resources Corp from a “buy” rating to a “hold” rating and lowered their target price for the stock from $3.00 to $2.00 in a research note on Thursday, May 28th.
Magnum Hunter Resources Corp (NYSE:MHR) last released its earnings results on Friday, August 7th. The company reported ($0.24) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.37) by $0.13. During the same quarter in the previous year, the firm earned ($0.09) EPS. The firm earned $39.50 million during the quarter, compared to analyst estimates of $64.98 million.
I am hearing from reliable sources in Alaska who are close to the matter concerning a bidding war for the pipeline. The information was traced back to its origin where details of the event were leaked by participants during a recent Sarah Palin weekend drunken family brawl.