Sticking to Our Guns on Gastar

Someone decided they weren't going to like Gastar Exploration's (GST) earnings yesterday (they reported after the close) as the stock fell from a midday high down to $1.32 in a few minutes at the end of trading. It's down to $1.24 now after opening up a few pennies this morning then dropping again before the conference call. These moves have nothing to do with fundamentals and make my life extremely difficult. 

But you have to stick to your guns, and I bought more GST at these levels after this morning's call. Crude oil prices have risen again today and now sit above $48 a barrel for West Texas Intermediate. Today's move is a follow-up from yesterday's jump on lower-than-expected U.S. inventories. That's what is ultimately important for GST. ...492 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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