LONE
LONE
WOW! 36000+ shares traded on Friday per Yahoo Finance, almost triple the biggest day of the past 30 trading days. Six of the past 30 days have had trading volumes of 1000 shares or less. If management's reason for the reverse split was to make the stock more tradeable, it seems to have been a complete failure.
Re: LONE
Lonestar should generate ~$5/share of operating cash flow this year. You can find my forecast for the company under the Small-Cap tab on the EPG website.
Production should be over 7,000 boepd by year-end.
Production should be over 7,000 boepd by year-end.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group