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Enter Symbol:
 
Halcon Resources (HK) [hlAlert]

Rating:
Mkt Perform
RAM
up 106.68 %

Ram Energy Resources, Inc. (RAM) downgraded to Mkt Perform by Rodman & Renshaw

Posted on: Friday,  Dec 23, 2011  8:25 AM ET by Rodman & Renshaw

Rodman & Renshaw rated Mkt Perform Halcon Resources (NYSE: HK) on 12/23/2011. Previously Rodman & Renshaw rated Mkt Outperform Halcon Resources (NYSE: HK)
on 11/08/2011., when the stock price was $2.87. Since then, Halcon Resources has gained 106.68% as of 12/23/2011's recent price of $5.94.
If you would have followed the previous Rodman & Renshaw's recommendation on HK, you would have gained 106.68% of your investment in 45 days.

RAM Energy Resources, Inc. is an independent oil and natural gas company engaged in the acquisition, development, exploitation, exploration and production of oil and natural gas properties, primarily in Texas, Louisiana, Oklahoma and West Virginia. The Company?s producing properties are located in basins with long histories of oil and natural gas operations. It has been active in its core producing areas of Texas, Oklahoma and Louisiana. The Company has completed over 24 acquisitions of producing oil and natural gas properties and related assets for an aggregate purchase price in excess of $735 million. Through December 31, 2008, it has drilled or participated in the drilling of over 700 oil and natural gas wells, over 93% of which were successfully completed and produced hydrocarbons in commercial quantities.

Rodman & Renshaw is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/23/2011 8:25 AM Hold
None
5.94
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2011 8:25 AM Buy
None
2.87 4.50
7/27/2011 8:25 AM Hold
None
3.54
11/9/2010 8:25 AM Buy
None
5.10
10/1/2009 8:25 AM Buy
None
3.87 9.00

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