$11.88 -0.87 (-6.82%)
11/27/2009 1:00 PM

GMX Resources, Inc. (GMXR)

CAPS Rating: 4 out of 5

An independent oil and gas company engaged in the development and exploitation of natural gas and oil properties.

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Member Avatar ksaintok (21.93) Submitted: 7/28/2007 12:03:19 AM : Underperform Start Price: $30.81 GMXR Score: +40.48

All eggs in East Texas development. Results are not as good as reported. Wells make high water with gas and so decline quick. High costs to drill and operate destroying company value.

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Recs

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Member Avatar aaroger (26.05) Submitted: 7/17/2007 3:33:39 PM : Underperform Start Price: $34.60 GMXR Score: +40.02

40

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