CRZO

[dan_s]

Carrizo Oil & Gas (CRZO) had a good 3rd quarter, despite the large impairment charge.

I have updated my forecast model and it will be posted to the EPG website later today.

My valuation for CRZO is now $58.00, compared to First Call's price target of $49.24.

CRZO is set to be a buyer in what should be a very attractive acquisitions market in a few months. I expect them to make a significant Permian Basin acquisition.

[grimaldi]

I bought this more than two years ago.
I am astounded to see I have a 40% gain---
How can this stock be up, when the rest of the industry got killed.
Too bad it was only a lottery-ticket sized buy on my part.
Joyce

[dan_s]

Carrizo has some VERY GOOD Eagle Ford acreage.

For your next "lottery ticket", I recommend Lonestar Resources. They have some outstanding Eagle Ford acreage and it is totally off the Wall Street's radar screen.