Endeavour International (END +5%) moves higher as an SEC filing reveals 10% owner Steelhead Partners bought 250K shares at $3.52-$3.56 worth ~$900K, and despite a downgrade to Neutral with a $5 price target (down from $9) at Global Hunter. The firm is unsettled by END's liquidity situation after Rochelle's first production suffered a major setback.
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