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Gasco Energy Inc (GSXN) [hlAlert]

down 99.87 %

Gasco Energy Inc (GSX) rated Overweight by JP Morgan

Posted on: Tuesday,  Feb 19, 2008  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Gasco Energy Inc (OTCBB: GSXN) on 02/19/2008, when the stock price was $2.37. Since
then, Gasco Energy Inc has lost 99.88% as of 06/27/2014's recent price of $0.00.
If you would have followed this JP Morgan's recommendation on GSXN, you would have lost 99.87% of your investment in 2320 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/19/2008 8:25 AM Buy
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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