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ATPG--looking better, WHY?
Posted: Wed Jun 16, 2010 7:34 pm
by rcgord
Good to see ATPG come back to life.t is My thought there is a fear that many rigs will be leaving the gulf and ATP is considered high quality and should not leave, but I have not seen any attempt to stop the mass exodus. Has anyone heard anything suggesting they could drill soon. Why was the stock up so much considering recent downgrades?
Re: ATPG--looking better, WHY?
Posted: Thu Jun 17, 2010 8:09 am
by setliff
pure value--i had sold earlier when it started dropping, but at $8-9 just had to get back in.
Re: ATPG--looking better, WHY?
Posted: Thu Jun 17, 2010 8:20 am
by par_putt
The target was $12, maybe someone agreed.
Analyst Actions: Global Hunter Downgrades ATP Oil & Gas to Neutral from Buy - Shares Down 06/16 08:25 AM
09:25 AM Eastern Daylight Time, 06/16/2010 (MidnightTrader) -- Shares of ATP Oil & Gas (ATPG:$11.32,00$0.99,009.58%) were down in pre-market trading as the company was reportedly downgraded to Neutral from Buy at Global Hunter.
The firm reportedly had a price target of $12 on company shares, down from $27.Price: 10, Change: -0.33, Percent Change: -3.19