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Kodiak Oil & Gas (KOG -2%) dips after Capital One cut the shares to Neutral on valuation...

Kodiak Oil & Gas (KOG -2%) dips after Capital One cut the shares to Neutral on valuation this morning. Today's weakness is just a drop in the bucket however, when you consider that the stock has already rocketed 180% higher since early October.
Comments (4)
  • murse84
    , contributor
    Comments (2) | Send Message
     
    so should we be concerned that its not going to rebound?
    6 Jan 2012, 03:13 PM Reply Like
  • Patrick Rooney
    , contributor
    Comments (39) | Send Message
     
    wait for Q4 earnings and 10K report to be released. their Q4 financials are going to rock. definitely going to rebound. also the options calls volume for feb. and mar. with strike price of 12.50 and 15.00 are unusually high these past few days. definitely holding onto my position in KOG.
    6 Jan 2012, 03:24 PM Reply Like
  • murse84
    , contributor
    Comments (2) | Send Message
     
    should we be worried and sell or should we ride this dip?
    6 Jan 2012, 03:55 PM Reply Like
  • Patrick Rooney
    , contributor
    Comments (39) | Send Message
     
    i would say ride it but if the stock falls back below the $8.00 range i would get out because im my opinion theres no coming back from that point. there Q4 earning were higher than expected though so wait around for 10-k report.
    9 Jan 2012, 12:53 AM Reply Like
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