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Gmx Resources, Inc. (GMXRQ) [hlAlert]

Rating:
Buy GMXR
down 99.98 %

Gmx Resources, Inc. (GMXR) rated Buy with price target $12 by Wunderlich

Posted on: Friday,  Aug 6, 2010  8:25 AM ET by Wunderlich

Wunderlich rated Buy Gmx Resources, Inc. (OTCBB: GMXRQ) on 08/06/2010. Previously Wunderlich rated Buy Gmx Resources, Inc. (OTCBB: GMXRQ) on 12/11/2008.,
when the stock price was $326.69. Since then, Gmx Resources, Inc. has lost 99.98% as of 01/31/2014's recent price of $0.05.
If you would have followed the previous Wunderlich's recommendation on GMXRQ, you would have lost 99.98% of your investment in 1877 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.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2010 8:25 AM Buy
None
80.34 156.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2008 9:25 AM Buy
None
326.69 871.00

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