Approach Resources (NASDAQ:AREX)

CAPS Rating: 3 out of 5

Recs

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Player Avatar Jackcodak (88.80) Submitted: 10/16/2009 6:01:03 PM : Outperform Start Price: $9.45 AREX Score: +176.93

It is still undervalued. My only worry is the glut of natural gas and the opportunity cost of nat gas compared with coal. If I get this wrong, then I will exit early.

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