Goodrich Petroleum Corp (GDP)
The Company with its subsidiaries is engaged in exploitation, development and production of oil and natural gas properties primarily in the Cotton Valley Trend of East Texas and Northwest Louisiana and in the transition zone of South Louisiana.
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Small, but growing domestic energy company, will rise with energy prices as the recession ends. And you've got to love a company whose CFO is DR Looney.
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Time to ride this one back up...then short it all the way back down. This is how we do it baby.
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This is a well preforming stock that is currewntly following market trends
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might be a bit late, but I'm going for it anyway.
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Capital One picked it!
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GDP is cheap! Insiders seem to agree as they have been buying their stock aggressively in the open market over the past 10 months. You are currently buying GDP at less than year-end 06 NAV.
GDP is hedged succesfully for 2007 and shouldn' t be hit as hard should nat gas prices stay weak for longer.

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