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Gmx Resources, Inc. (GMXRQ) [hlAlert]


Gmx Resources, Inc. (GMXR) downgraded to Hold with price target $8.50 by C.K. Cooper

Posted on: Thursday,  Feb 4, 2010  2:25 PM ET by C.K. Cooper

C.K. Cooper rated Hold Gmx Resources, Inc. (OTCBB: GMXRQ) on 02/04/2010. Previously C.K. Cooper rated Buy Gmx
Resources, Inc. (OTCBB: GMXRQ) on 11/20/2008., when the stock price was $364.26. Since then, Gmx Resources, Inc. has lost 64.53% of its value until C.K. Cooper rated GMXRQ Buy on 02/04/2010, when the price was $129.22. .

GMX Resources is an independent natural gas producer. GMXR has interests in wells and acres in Texas, Louisiana & New Mexico. GMXR also has a large inventory of development prospects in North Carthage Field of East Texas. The Company's strategy is to drill and complete CVS wells, which could significantly grow production, grow its natural gas reserves and build shareholder value.

C. K. Cooper & Company has for over a decade provided insightful research ideas and commentary. As the firm identifies focus industries it brings together an analytical team to provide unique vision and insight to select investment ideas. In addition, leveraging on the expertise of the firm, the Research Team can evaluate opportunities against a wide database of industry and competitive trends.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2011 10:25 AM Buy
73.97 104.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2010 2:25 PM Hold
129.22 110.50
11/20/2008 9:25 AM Buy
364.26 832.00

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