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.

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