Gastar Exploration Inc fka GST

[56Chevy]

If you compare a 3 month chart for WTI crude and GST you'll see a direct connection. They mirror each other. Crude started dropping in early March which is when GST began its' slide.

GST just paid dividends to both issues of Preferred stocks which have been trading just below par @ $23. They too took a dip in March but remain strong. One year ago they went as low as $4.

There are days it makes you scratch your head but it's all about the crude.

Inventories remain near record highs. Supply is smoking demand almost 2 to 1.

As long as that remains to be the story this will be range bound imo.