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Gasco Energy Inc (GSXN) [hlAlert]

Rating:
Buy GSX
down 99.84 %

Gasco Energy Inc (GSX) rated Buy

Posted on: Friday,  Sep 14, 2007  11:25 AM ET by Ferris Baker Watts

Ferris Baker Watts rated Buy Gasco Energy Inc (OTCBB: GSXN) on 09/14/2007, when the stock price was $1.90.
Since then, Gasco Energy Inc has lost 99.85% as of 06/27/2014's recent price of $0.00.
If you would have followed this Ferris Baker Watts's recommendation on GSXN, you would have lost 99.84% of your investment in 2478 days.

Gasco Energy, Inc. (Gasco) is a natural gas and petroleum exploitation, development and production company engaged in locating and developing hydrocarbon resources, primarily in the Rocky Mountain region. The Company?s principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties subject to these leases. It focuses its drilling efforts in the Riverbend Project located in the Uinta Basin of northeastern Utah, targeting the Wasatch, Mesaverde Blackhawk, Mancos, Dakota and Morrison formations. As of December 31, 2008, it held interests in 330,923 gross acres (214,483 net acres) located in Utah, Wyoming, California and Nevada. As of December 31, 2008, the Company held an interest in 126 gross producing wells (7.73 wells, net to its interest) and five shut-in wells (5 net) located on these properties.

Ferris, Baker Watts, Incorporated is the largest full-service investment banking firm headquartered in Washington, DC. The company is a member of the New York Stock Exchange and SIPC, and is wholly-owned by its employees. The company is a dynamic force in investment banking serving clients throughout the mid-Atlantic region. Our firm is committed to providing a comprehensive range of professional products and services to meet the needs of individual investors as well as corporations and institutions.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2007 11:25 AM Buy
None
1.90 3.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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