Kodiak Oil & Gas Corp. (Public, AMEX:KOG)TODAY ON THE DIP
5.70 -0.28 (-4.68%)
with recent BUY RECOs and price targets on high THE DIPfolio adds this bear to the watchlist as a short term trade, remember to take gains at 5% and 10% profits.
...check out:
BACK ON MAY 5th....hmmmm....
Kodiak Oil and Gas "buy"Monday, May 07, 2007 12:51:09 PM ETCapital One SouthcoastNEW YORK, May 7 (newratings.com) - Analysts at Capital One Southcoast reiterate their "buy" rating on Kodiak Oil and Gas Corp (ticker: KOG). The target price is set to $12.In a research note published this morning, the analysts mention that the company has announced the appointment of James Henderson as its chief financial officer, effective May 24, 2007. The analysts believe the appointment represents a substantial stride in the growth path of a small company, such as Kodiak Oil and Gas.
MORE RECENT ON JUNE 5th.....hmmmm....
Kodiak Oil and Gas initiated with "buy" - updateTuesday, June 05, 2007 12:29:16 PM ETA.G. Edwards & SonsNEW YORK, June 5 (newratings.com) - Analyst Michael S Scialla of AG Edwards initiates coverage of Kodiak Oil and Gas Corp (ticker: KOG) with a "buy" rating. The 12-month price objective is set to $9.50.In a research note published this morning, the analyst mentions that the company is drilling its first horizontal well in the Vermillion Basin's gas rich, over pressured Baxter shale. Given its $42 million cash balance and its debt-free balance sheet, Kodiak Oil and Gas appears poised to implement its $60 million capital plan in 2007, the analyst says.
....& On BOTH analysts "buy" reco days the stock was above $6.....we still "believe" in oil & gas.....you know our obsession with Petrohawk (HK).......and today's dip is interesting in KOG....lets watch tomorrow for a BUY... with a ticker symbol like KOG, maybe this stock will pay out greedy gains a la COGSWELL COGS from the Jetsons....and SPACELY SPROCKETS...hey, space.....that remind us....did you see SPAB today?..SPACEHAB INC COM (SPAB: NASDAQ*) 0.7398 +0.0998 (+15.59%)...caused by their NASA agreement! The DIPFolio trade this one for a win back in March... http://www.buyonthedip.com/search?q=spab ...go team!
8 comments:
Wow this one shot up quick.
NEWS!!!
Lynn Peterson, Kodiak's CEO and President said: "We are encouraged by the amount of gas and the natural fracturing that we have encountered while drilling the NT Fed #4-35. We are obviously in the over-pressured environment that we anticipated. Kodiak is in the early days of what could be a significant Rockies exploration play, and with such exploration comes a learning curve that we and other operators throughout the Rockies are experiencing. It is our belief that the amount of gas in place here is meaningful, as evidenced in part by the gas shows encountered with each well. We will take the opportunity to carefully analyze the well so that we may apply the knowledge gleaned when drilling future wells."
Back under 5.70 - time to get in again if you didn't after-hours yesterday?
bad day overall.
BOTD reco on KOG beat the AM news ;-)...how'd we know? too bad we couldn't post early enough yesterday to help most of our readers make money off it...up 5% at the AM open then down from there. sorry. We do like the stock overall...but that was the play. Too bad it wasn't on an up oil day... hey, we can't control that.
enjoy the weekend and remember the quote from our buddy BR...
THE TIME YOU ENJOY WASTING IS NOT WASTED TIME
-Bertrand Russell
This thing took a big dive today
BOTD comment above said:
"We do like the stock overall...but that was the play"
...sounds more like a 'dead' trade.., is it?
Last 4.93 Change -0.32 (-6.10%)
not saying whats what...but that looks dead.
I stopped following your site since this post. Lost quite a bit - over 50% on this company KOG. Should I just unload, and put my money elsewhere?
Thoughts,
IP
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