Thanks rosemountbomber....I didn't get very specific with my response because there are several factors involved with gassy stocks now. Supply/Demand....weather.....geopolitical.....politics.....etc all play some factors.
I also believe in charts and my beliefs are that these stocks like RRC are at or near bottoms so in my own opinion holding some of these long term may pay off well. Of course in this environment with these companies reducing their earnings forecasts and Capex spending it does put a strain on finances as well as shareholder value.
One other thing regarding RRC....it has ben written several times in the past year by analysts and other entities like Barrons that because of RRC's resources and output that they may be a worthy buyout candidate. I never purchase a stock based on buyout thoughts but the readings also piqued my interest in RRC.
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