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Re: pleeb01 post# 214

Saturday, 08/20/2016 8:53:35 PM

Saturday, August 20, 2016 8:53:35 PM

Post# of 435
I posted this once so i am just copying it from another forum i posted on.
It relates to oil.

CRK has a lot of potential to continue moving. With 33% gains throughout the day continued with an additional 8% gains in after hours. The following links will help to shed light on CRK's recent momentum. I doubt it will be another stem but it looks very promising regardless!

http://www.thecerbatgem.com/2016/08/15/brokers-set-expectations-for-comstock-resources-inc-s-q3-2016-earnings-crk/

https://www.equities.com/news/comstock-resources-inc-crk-jumps-33-26-on-august-16

https://www.thestreet.com/quote/CRK/details/ownership.html

https://www.zacks.com/research/get_news.php?id=27sy7mn3ib

https://www.eia.gov/forecasts/steo/report/prices.cfm

http://www.cnbc.com/2016/06/08/crude-prices-this-chart-says-oil-could-hit-60--and-fast.html

http://www.nasdaq.com/article/mid-afternoon-market-update-crude-oil-up-2-gk-services-shares-spike-higher-cm666199.

With oil up 2% and with a prediction as high as $60 a barrel coupled with CRK's recent momentum, there is a good possibility it will continue to grow in the near future.CRK is already blowing expectations out of the water with its share prices soaring. It is also financially more stable than it was expected to be at this time.
In whole the energy sector is doing well and CRK seems to be right on top of it. I would keep an eye on this one for the time being it shows potential and has a pretty strong uptrend strength.


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