Northern Oil and Gas (AMEX:NOG)

CAPS Rating: 2 out of 5

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Player Avatar birge1 (< 20) Submitted: 12/16/2011 11:04:59 AM : Outperform Start Price: $22.58 NOG Score: -29.95

"royalty shop" with about 8 emples, so very low ovrhd. questionable accntg but they get paid on wells, so must have proper leases. income skyrockets this yr and in '12. mrkt has to notice.

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Member Avatar EnigmaDude (97.99) Submitted: 12/16/2011 1:10:32 PM
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You can read the article for yourself and decide, but keep in mind that the author of this article holds a short position (and could therefore be mis-representing the facts for their own personal gain):

http://thestreetsweeper.org/undersurveillance/NOG__Putting_a_Pretty_Face_on_an_Ugly_Deal_

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