Disclosure: I have no position in BRNC.
Banked Profits on Bronco Drilling: Natural Gas Far From Recent Highs
Apr 17 2007, 06:21 | about: BRNC
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On January 16, after picking up shares at $13.72, I stated that Bronco Drilling (BRNC) should hit $16.50 on a bounce and perhaps up to $20 with a strong recovery in natural gas. Since then, we got the bounce in the stock, and some lift in the underlying commodity.