LONE

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bellwj
Posts: 59
Joined: Sat May 21, 2011 1:36 pm

LONE

Post by bellwj »

Given Dan's estimate of cash flow (post split), this is either a screaming buy or dead-money loser. Hoping the problems with brokerage accounts have gotten people to throw in the towel.
dan_s
Posts: 37275
Joined: Fri Apr 23, 2010 8:22 am

Re: LONE

Post by dan_s »

Lonestar's share count and very small float make it difficult for fund managers to own it. They are afraid of companies with such low trading volume because if they buy a large position they are afraid they cannot sell it.

I think you will be quite pleased with Lonestar's Q2 results. Cash flow from operations should be over $1.00/share for the quarter.
Dan Steffens
Energy Prospectus Group
Fosterplc
Posts: 46
Joined: Fri Jan 02, 2015 2:35 pm

Re: LONE

Post by Fosterplc »

Volume today is only 469. That's basically someone in EPG buying some stock. No major players in this at the moment.
dan_s
Posts: 37275
Joined: Fri Apr 23, 2010 8:22 am

Re: LONE

Post by dan_s »

On thinly traded small-caps like Lonestar, ALWAYS us limit orders. Accumulate this one on the dips. 2nd quarter results come out next week.
Dan Steffens
Energy Prospectus Group
mkarpoff
Posts: 810
Joined: Fri May 30, 2014 4:27 pm

Re: LONE

Post by mkarpoff »

Does anyone know when the "whole mkt" mutual funds and etfs must buy?
dan_s
Posts: 37275
Joined: Fri Apr 23, 2010 8:22 am

Re: LONE

Post by dan_s »

August 10: Lonestar Resources started at outperform with $12 stock price target at Cowen & Co.
Dan Steffens
Energy Prospectus Group
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