MHR and RAME

Post Reply
rcgord

MHR and RAME

Post by rcgord »

Would love to hear any thoughts on MHR (formerly PRS) and Rame which were sweet 16 last year. I added a ton of these at about .50 when I concluded they were not going out of business. Also added a lot of ATPG on the same basis (buy the falling knife). Would like to hear thoughts of where these could be headed. I am inclined to take some profits in MHR, but have no idea of the fundamentals.
dan_s
Posts: 34465
Joined: Fri Apr 23, 2010 8:22 am

Re: MHR and RAME

Post by dan_s »

rcgord;

I cannot comment on MHR as I just don't have the time to keep up with every small-cap. I'm happy you had a nice run.

Ram Energy (RAME) is going to make it. I really like the management team. It is heavily weighted to oil and they are controlling costs so the Balance Sheet will be in much better shape by year-end.

ATPG is also going to be in much better shape six months from now.

See my forecast models for both ATPG and RAME under our Sweet-16 tab.

Dan
Dan Steffens
Energy Prospectus Group
Post Reply