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Re: Original Gamble post# 390

Monday, 03/20/2017 6:41:21 PM

Monday, March 20, 2017 6:41:21 PM

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That appears to have been short covering when the 0.55 published target by a big(ish) house was hit. Unlike Magnum Hunter, exco is making good progress at adapting to market conditions.

Now that the shorting is over, some actual buying is likely to commence. They will likely be a survivor as a low cost producer which means a higher future valuation. imo
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