Researcher- KCS
Re- Congrats on MANC. I liked it a lot at $7 a couple weeks ago, but didn't have the funds. By the way Re, what do you think of Natuaral gas stocks. I own KCS, which is a fine company and just took out a larger budget for drilling in 2005. They've been doing great and their forward PE looks like 7 or so. Problem is, the stock price has not done much for months, and seems to have huge resistance at $15. It's really getting hit today, and I haven't seen it fall this much in one day since I got in 4 months ago at $13.30. Now that it's down to $13.70 from $14.87 on friday, I'm wondering whether the stock action is telling us anything. What do you think? Wade
