ATPG--looking better, WHY?

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rcgord

ATPG--looking better, WHY?

Post 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?
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: ATPG--looking better, WHY?

Post by setliff »

pure value--i had sold earlier when it started dropping, but at $8-9 just had to get back in.
par_putt
Posts: 565
Joined: Tue Apr 27, 2010 11:51 am

Re: ATPG--looking better, WHY?

Post 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
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