CRZO taking off

[dan_s]

Carrizo took off a couple hours ago on heavy volume. My Fair Value estimate is over $40/share.

If anyone sees a reason for this volume buying let us know. I do think it is prime takeover target, so maybe someone is making a move on it.

[dan_s]

Sweet 16 Growth Portfolio: Carrizo Oil & Gas (CRZO) - an updated Net Income and Cash Flow Forecast model is now available under the Sweet 16 Tab.

You can find my Fair Value estimate, which is going up, at the bottom of the model.

[setliff]

from the bry IV bd reasons for the run today vary from short covering (20% of float was short) to natty doing well. no mention of buy out.