Page 1 of 1
NOG
Posted: Thu Mar 24, 2011 1:47 pm
by dan_s
Note on the NOG Yahoo message board:
“Howard Weil has raise their price target on NOG to $34/share from $32/share.”
It appears the last of the weak hands sold out this morning.
Re: NOG
Posted: Thu Mar 24, 2011 3:03 pm
by setliff
there IS nothing wrong with my hands
once i see a bottom confirmed i am thinking strongly about buying back in--at a lower price. may go after some cheap calls instead.
Re: NOG
Posted: Mon Mar 28, 2011 11:30 am
by dan_s
Any of you that hold NOG should read this. I could not have said it better myself. The attach on NOG last week was ridiculous and filled with errors.
http://seekingalpha.com/article/260447- ... urce=yahoo
I will add one thing. Depletion expense includes
future development costs, which are estimate at the end of each year by the company working with independent reserve engineers. It is very common to see a spike in Q4 depletion during a period of growing reserves and increasing oilfield service costs.
Re: NOG
Posted: Wed Apr 06, 2011 4:16 pm
by bobs
NOG continues to be weak. Any thoughts on the quality of their land holdings vs the key operators in the region?
Re: NOG
Posted: Mon Apr 18, 2011 9:15 am
by gjames
NOG has traded down to its 200 day moving average for first time since last August. Anyone think its worth betting on a bounce??
Re: NOG
Posted: Mon Apr 18, 2011 2:58 pm
by dan_s
NOG should have solid first quarter results. Everything was down today on the dip in oil prices and the general market sell-off.
I just dropped NOG and EOG back to the Watch List to make room for GTE and ROSE, which both appear to have more near-term upside to me.
Re: NOG
Posted: Wed Apr 20, 2011 5:52 pm
by prince_jake_33
What do we think of NOG at this point in time?
Re: NOG
Posted: Wed Apr 20, 2011 7:03 pm
by setliff
with a very bullish mkt, nog's response was timid at best. it has shown several "bottoms" along the way down to this level.
i would wait for some move with authority. imo, fwiw,
jim
Re: NOG
Posted: Wed Apr 20, 2011 7:04 pm
by setliff
at this point i would want the down trend line to be penetrated.
Re: NOG
Posted: Tue Apr 26, 2011 2:19 pm
by par_putt
Hows the trend line now?
Re: NOG
Posted: Tue Apr 26, 2011 4:11 pm
by setliff
looking good! think i will look at some calls. ----i did and they are expensive. dec 11 $25 calls are >$5 on the ask.
Re: NOG
Posted: Tue Apr 26, 2011 4:24 pm
by par_putt
When it hit the 200 day moving avg the other day I bought. Its been a good deal so far. About $0.50 per day.
Looking at the dip price @ the 200 dma line versus the target price it was the best deal I saw.
I hoping to hold everything until Cinco de Mayo , I will re-evaluate at that time when all are reporting.
tks
Web