GMX Resources, Inc. (GMXR)
An independent oil and gas company engaged in the development and exploitation of natural gas and oil properties.
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omg im stealing this.
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Nat gas prices driving this cheap stock even cheaper.
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like Arena Resrcs, 2x prdctn last yr, this yr, and next yr. natrl gas in tx; safe from hurcns. 100% field, another 50%field, and 30% field. can only get better.
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due for an uptick
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gas wont stay cheap for ever but we will be moving to new ways to fuel our county so stay long i bought in at 6.91
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With natural gas staying solid and plenty of earnings out of the "trusty" cotton valley sands, just wait til' this small caps hits the haynesville shale. Low overhead + cheap land + great balance sheet = winning stock at 1/2 price. bottom line is this company is a winning small cap in nat. gas plays.
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Natural gas is becoming scare resource and price would keep going up. The company production growth is quite amazing!
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This stock is a great choice. By evaluating this company and looking at their growth pattern and their marketing strategies this is a sure fire stock to pick. This company has great leadership with the ability to think outside the box. With the possibility of some future acquisitions this has all the ingredients for wonderful success, short term and long term both. Keep up and watch out. With this outlook ahead, we should also look to the left and right (aka their competion) for huge leaps as well. If you have a little on the side I say diversify within the sector and buy from all the competetors too for they also are looking very solid. That is my pick and I am sticking to it.
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Just becuase revenue has slowed does not mean this stock should be come a dog. The valuation of this company is worth this price and higher. Buy now.
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Now that market and oil prices have had their shake-out, or bubble burst, GMX should handle reawakening very well. Even with current situation, GMX down less than 10% on a 12 month basis. S & P down over 46%.
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Pick on a dip
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This is a driller for the NAT GAS and they are drilling like mad in the Haynesville shale and they are going to double from current levels,,many upgrades and initiations coming to drive this one higher and higher.....
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great buy in the 10-13 range. good sell around 17-20. easy money on this one
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GMX is a small natural gas company with holdings in East Texas overlying the Haynesville shale. Current production is from overlying Cotton Valley sands, so Haynesville is just now being developed. Small size of company means successful development of Haynesville gives hugh upside. However, Haynesville in East Texas has been less productive than in LA, and GMX lacks financial resources to fully fund development. Looks like high risk/very high reward play. Continued low NG prices will be very detrimental.
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GMXR's net asset value is much greater than its market cap. It also has underperformed its peer. This could be a good ketchup stock. Raising my price target to $18 by year's end.
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Low cost natural gas producer
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GMXR is an exploration company in the right area for huge potential. Lets see if they hit

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