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Author Topic: Apache APA  (Read 1390 times)

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Offline Brown Recluse

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Apache APA
« on: July 31, 2012, 09:03:11 AM »
I found this one in my stock screener at Scotty.  Current price is around $87 with a 12 month Price target of $120.   I have attached the S and P report.
Extremism is so easy. You've got your position, and that's it. It doesn't take much thought. And when you go far enough to the right you meet the same idiots coming around from the left.

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Offline Sauce

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Re: Apache APA
« Reply #1 on: August 02, 2012, 08:24:57 PM »
This company looks extremely promising. There was a huge article about natural gas and LNG in the economist about 2 weeks back. My understanding is that natural gas is tied to current oil prices, but the US having almost maxed out there reserves their about to start selling outside the US. This is going to start to pump up the cost and the report that came out today says there producing record levels. There 3rd quarter profits should do really well and them missing their earnings should offer value at this point. But being a rookie what I'm I missing lol?