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ARD Analysis & Videos »
ARD: Bull or Bear?
Great position for 12-18 months.
ARD
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+2.17%
in
474 days
Oil is definitely going to bust back down through the 100-dollar level as the entire price jump of the last year has been the work of speculators (i have done a couple of discussion posts on this as well). I mean, honestly. Do you think it's purely coincidence that the smashing down of the price occurs at the same time the US government decides to draw up some legislation to expose and indict speculative price inflation in the oil market? I sure as hell don't.
Arena Resources has a nice looking forward P/E of 14.8, ROE levels of 18% + for the last 5 years and absolutely 0 debt ...
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Arena Resources Inc.
ARD
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-3.90%
in
496 days
BusinessWeek Rankings  <> 2007 #41
Arena Resources Inc. is involved in the acquisition, exploration, development, and production of oil and gas and owns oil and gas properties in Oklahoma, Texas, Kansas, and New Mexico. The company primarily sells to end users and marketers, and has drilling operations through subsidiaries. As of yearend, it had proven reserves of roughly 43.1 million barrels of oil. Arena was founded in 2000 and is headquarted in Tulsa
<> <> <> <> <> Analysts'
Recommendation: ...
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Bullish on ARD ...
ARD
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+1.94%
in
4 hours
(closed on 01/24/08)
Bullish "Mojo Crossover"! Get on the list for our "Hot Conference" chat room and trade with Mojo and 100 fellow traders coming soon (1st 100)! Just send an email (Subject: Hot Conference) http://modj97-predictwallstreet.blogspot.com The blog has updated charts for today's trading too.
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