Quicksilver Resources : short sellers about to feel real pain

The price and volume have moved up with the return of better Natural Gas pricing- now over $5

This allows the Company to maintain a good hedge book

Drilling results will be announced with the quarterly report due out in the next  weeks

The 52 week high is $3.54 which means that almost all short sellers are feeling some pain today.

Zack’s raised its rating from Hold to BUY Wednesday and more rating upgrades will follow.

QUICKSILVER RESOURCES INC(KWK:NYSE, US)

BuySell
3.40USDIncrease0.05(1.49%)Volume:
Average
As of 06 Feb

QUOTE DETAILS

Open 3.40 P/E Ratio (TTM)
Last Bid/Size 3.40 / 71 EPS (TTM) -2.13
Last Ask/Size 3.41 / 104 Next Earnings 11 Mar 2014
Previous Close 3.35 Beta 1.80
Volume 1,989,603 Last Dividend
Average Volume 3,852,710 Dividend Yield 0.00%
Day High 3.49 Ex-Dividend Date
Day Low 3.35 Shares Outstanding 177.1M
52 Week High 3.54 # of Floating Shares 123.8477M
52 Week Low 1.44 Short Interest as % of Float 24.77%
chart
For Jack A. Bass Managed Accounts email
info@jackbassteam.com
or call Jack direct at 604-858-3202

 

 

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