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Enter Symbol:
 
APPROACH RES. INC. (AREX) [hlAlert]

Rating:
Buy AREX
down 84.97 %

APPROACH RES. INC. (AREX) rated Buy

Posted on: Tuesday,  Dec 18, 2007  8:25 AM ET by Wachovia

Wachovia rated Buy APPROACH RES. INC. (NASDAQ: AREX) on 12/18/2007, when the stock price was $13.64. Since
then, APPROACH RES. INC. has lost 84.97% as of 01/22/2016's recent price of $2.05.
If you would have followed this Wachovia's recommendation on AREX, you would have lost 84.97% of your investment in 2957 days.

Approach Resources Inc. is an independent energy company engaged in the exploration, development, exploitation, production and acquisition of unconventional natural gas and oil properties onshore in the United States and Western Canada. The Company focuses its growth efforts primarily on finding and developing natural gas reserves in known tight gas sands and shale areas. The Company currently operates in Texas, New Mexico and Kentucky and has a non-operating interest in Western Canada.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2007 8:25 AM Buy
None
13.64
as of 8/27/2015
1 Week down  -25.99 %
1 Month down  -69.71 %
3 Months down  -72.48 %
1 YTD down  -89.37 %

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