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Goodrich Petroleum Corp - Upcoming Earning Release

BrokenArrows · 2015-02-26 12:51:13

I got in at $2.88 and its at $4.71 as of yesterday. The stock has seen an 80% rise over the last 30 days. I invested in this for the long hall until oil prices rise back to the $80 level. However i always like to keep an eye on when i can cash out and buy back cheaper. Tomorrow the 27th is their Q4 2014 earnings call. From…

26-02-2015 12:51pm

#1

BrokenArrows

Registered Users, Registered Users 2 Posts: 7,501 ✭✭✭

Join Date: February 2005

Posts: 6935

I got in at $2.88 and its at $4.71 as of yesterday. The stock has seen an 80% rise over the last 30 days.

I invested in this for the long hall until oil prices rise back to the $80 level.

However i always like to keep an eye on when i can cash out and buy back cheaper. Tomorrow the 27th is their Q4 2014 earnings call. From the beginning to end of Q4 the oil price went from $90 to $52 (WTI) and is now just over $50.

The earnings are inevitably going to be very bad but im having trouble determining whether the SP has this already taken into account.

Anyone have any thoughts on this stock?

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