Genie Energy Ltd. (NYSE:GNE)

CAPS Rating: 2 out of 5

Recs

0
Player Avatar GirlsUnder30 (44.08) Submitted: 8/1/2012 8:48:09 AM : Outperform Start Price: $7.03 GNE Score: +2.82

Energy company experimenting with deep shale oil extraction that isn't burning cash and is paying a dividend. If the planned pilot program is successful this will double.

Member Avatar GirlsUnder30 (44.08) Submitted: 8/2/2012 4:22:02 PM
Recs: 0

Update: the day after I made this trade, this company decided to split off the money making part of the company into a preferred stock issue so it will now start burning cash. My stop out @ $3.41 on RSH was ignored and now this. Sheesh, I can't catch a break, LOL.

Featured Broker Partners


Advertisement