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Swift Energy (SFY)
Posted: Thu Feb 23, 2012 3:46 pm
by rick
Swift reported today and beat estimates in EPS and in Reveue. It's getting hammered--down over 5%. What went wrong?
Re: Swift Energy (SFY)
Posted: Thu Feb 23, 2012 4:15 pm
by setliff
Wells Fargo Securities analysts wrote in a note that they were "neutral" to "negative" on Swift Energy (SFY:$33.21,00$-0.94,00-2.75%) , partly because of its "gassier mix" in its production outlook.
sfy has a chart that looks similar to gpor, except gpor ended day in red. sfy was trying to get there. i didn't understand gpor opening lower either. volume picked up in last hour on gpor.
Re: Swift Energy (SFY)
Posted: Fri Feb 24, 2012 9:45 pm
by dan_s
Sometime they just sell on the news for no reason. Hedge funds taking profits and moving to something else. Often hard to explain the day-to-day moves. This one is on our Watch List and we will update the profile when we get all of the Sweet 16 updated.