Lonestar Resources (LONE)

[dan_s]

Roth Capital sent out a new report on LONE this morning. They rate LONE a BUY with a $15.00 price target. IMO they are using very conservative oil, gas and NGL production volumes in the forecast model that they use to value the company. Regardless, it is a good report and a plus for the company.

My valuation of LONE is $23.60/share.

We will be sending the Roth report to EPG members in a Flash Alert later today.

[mkarpoff]

Big day for energy. Bad day for Lone. Profit-taking, or something more nefarious?

[dan_s]

Lonestar is a very thinly traded stock with only 7.5 million share. It will made big moves up and down on any large block trades. BUY the dips.

[bigtex]

has any broker given you the new shares of LONE yet??

[Fosterplc]

My transfer has gone through OK, everything is now under the symbol LONE.

[bigtex]

what broker do you use

[dirtdauber]

Merrill Lynch finally posted my LONE shares after hours day before yesterday. My account that goes thru RBC gave me a regular 2 for 1 (instead of a reverse 1 for 2) split of LONE shares after hours on 5 Jul, but they still have not fixed that error.

[Fosterplc]

I am with fidelity

[Wolfdog2]

Schwab still hasn't adjusted the share price or the symbol for LONE. I called them and they blamed the situation on the clearing bank. Meanwhile eTrade has the listing correct.

[dirtdauber]

RBC fixed my account Thursday night. Looks as if this is getting fixed 1 outfit at a time. Will be nice when the charting outfits start showing the reverse split.