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Stock Pick by whoop!

WRES: Warren's going to turn 16!

Start trading WRES with real money!

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2 ratings
Posted 3394 days ago on 4/08/08

WRES will go UP
$16.00 on 10/08/08
$0.09 (-99.27% from time of market call)

Warren's a nice little oil and gas play i've been watching for a while and think it's good to go. they're an American comapny with mkt cap of 700 million. They missed EPS for Q4 but beat revenue expectations, increasing 90%! Cash flow from operations increased over 120% in 2007 attributed to increased production and higher oil prices. they have remained above $100 for much of the year. Earnings report is sometime this month. expectations are for 9 cents a share, with fy08 at 46 warren's p/e is 64 right now peanut butter jelly time!

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Posted 4/9/2008, 6:37 pm

well i'm not david faber or legmaker so i can't give you a great analysis. the stock has only been knocked down due to EPS. if they miss later this month i'll lose my faith and dump it. until then im overweight and keeping all 4000 shares and conviction on my targets.

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