Subscribe in a reader All across North Dakota, Montana, and parts of Canada, the Bakken formation is one of the most prolific shale plays ever discovered in North America. According to a 2008 study by the U.S. Geological Survey, it could contain reserves totaling 3.6 billion barrels of recoverable oil.
ITZ play on this sector is Kodiak Oil & Gas (KOG), Looking to take a 1/4 position around $8.50... with a $12.00 price objective in 2013. Read More
8 comments:
Entered 1/4 position $8.50
Looking to add another 1/4 position around $8.25
Looking to add another 1/4 position @ $8.00 follow us on Twitter
SET STOP @ $9
Stopped out @ $9, will look to re-enter @ lower levels
Getting back in 1/4 position @ $8.50
set stop @ $9.00 on 1/4 position entry of $8.50
ITZ has been in & out trading this stock - last stopped out $9.25 back on Jan 18. Has been nibbling under $8.80 this week ahead of Thursday's earnings (2-28-13)
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