CAKoumentakos

CAKoumentakos
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  • Abraxas Petroleum: 40% Upside In 2014  [View article]
    I am hoping that AXAS can follow the recent weeks of WRES. I do not see a reason why AXAS shouldn't be hand in hand with WRES, as long as they are getting some LNG production. It seems when LNG news broke is when WRES broke through. I think AXAS will run up similar to WRES.
    Feb 17, 2014. 03:37 PM | 1 Like Like |Link to Comment
  • Abraxas Petroleum: 40% Upside In 2014  [View article]
    I have watched AXAS for a couple years. From $5.20 a couple years ago, watched them drop to $2.47. They climbed to just short of $4 in 2013. I attended a teleconference where the executives sounded confident and definitely aware of reducing/streamlining overhead meanwhile streamlining/improving locations and productivity. It should be an exciting year for AXAS. In at $3.06, and in for more at $3.16. $4.50 would be a welcome sight. CK
    On an aside, I as well gave WRES a shot, but felt more comfortable/knowledgable about AXAS. Do some reading and research. Both seem to have an up side.
    Jan 22, 2014. 01:52 PM | Likes Like |Link to Comment
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