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Gmx Resources, Inc. (GMXRQ) [hlAlert]

Rating:
Add GMXR
down 99.96 %

Gmx Resources, Inc. (GMXR) rated Add with price target $13 by CapitalOne southcoast

Posted on: Wednesday,  Mar 31, 2010  10:25 AM ET by CapitalOne southcoast

CapitalOne southcoast rated Add Gmx Resources, Inc. (OTCBB: GMXRQ) on 03/31/2010. Previously CapitalOne southcoast rated Strong Buy Gmx Resources, Inc. (OTCBB: GMXRQ)
on 02/02/2010., when the stock price was $153.40. Since then, Gmx Resources, Inc. has lost 99.97% as of 01/31/2014's recent price of $0.05.
If you would have followed the previous CapitalOne southcoast's recommendation on GMXRQ, you would have lost 99.96% of your investment in 1459 days.

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.

Capital One Southcoast, Inc's research analysts provide comprehensive, ongoing research support. Our research analysts generate investment ideas for institutional clients across a broad range of industry sectors. Capital One Southcoast, Inc is a wholly-owned non-bank subsidiary of Capital One Financial Corporation. The securities sold, offered, or recommended by Capital One Southcoast, Inc are not insured by the FDIC, not bank guaranteed, and may lose value.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/31/2010 10:25 AM Buy
None
103.35 169.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/2/2010 10:25 AM Buy
None
153.40 273.00
6/2/2008 10:25 AM None
None
658.71
4/24/2008 9:25 AM Hold
None
470.73

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