Monday's New Alert is on PSTR
Hello and good morning,
As Monday morning is already upon us and time is always a
consideration, I wont waste time; so lets jump right
Todays play is PSTR
- PSTR posted revenues of over 83.5 Mln Dlrs last year
- PSTR posted gross profit of more than 42.6 Mln Dlrs for
- PSTR posted a net income last year of over 3.8Mln Dlrs
- Last quarter the Company posted over 11Mln Dlrs in revnue
PSTR is the leading producer of natural gas in the Cherokee
Basin of southeastern Kansas and northeastern Oklahoma.
PSTR closed Friday at just .52.
At .52 PSTRs market value is only 3.4Mln Dlrs.
PostRock is an oil and natural gas exploration and production
company focused on finding, acquiring, developing and producing
oil and gas reserves in historically proven oil and gas basins
where modern efficiencies and emerging techniques can be applied
to further develop or redevelop fields that are not currently the
focus of large exploration and production companies.
owns and operates a 2,200 mile gathering system in the Cherokee
Basin supporting our upstream operations. Additionally, the
Company has a growing oil position in central Oklahoma and owns
and operates over 400 oil and gas wells in the Appalachia.
PostRock is driven to grow in mature basins by focusing on
applying effort and technology to identify and exploit previously
underexploited potential in these basins.
Currently, it is the leading producer of natural gas in the
Cherokee Basin of southeastern Kansas and northeastern Oklahoma.
PSTR is committed to building a well-respected, experienced
energy company leading production in all areas of operation. The
Company believes that the development of its staff and selective
hiring of top performers in their fields is integral to this
In the News:
Last month PostRock announced the appointment of an interim
president, Clark Edwards.
Mr. Edwards has served as PostRocks Vice President of
Operations since February 2012 and as the Companys Director
of Midcontinent Field Operations since December 2010, as well as
having served in various other company roles for PostRocks
predecessor entities from August 2007 to December 2010. Mr.
Edwards holds a bachelors degree in engineering from Texas
A&M University in College Station, Texas.
Last year PSTR posted revenues of more than 83.5
Last year PSTR posted gross profits of over 42.6
are not normal numbers for a company that closed Friday at just
Yet, much like several of our other recent winners, PSTR was
recently at much higher levels. In fact, PSTRs
52-week high of 11.30.
Just recently, at the beginning of the summer, PSTR was around
In 2015 PSTR has already made two very impressive runs, both
bouncing after a long decent:
In late January / early February it ran from 1.02 all the way to
6.25 in less than 2 weeks.
Thats a run of 512%!
In April it ran from 1.82 all the way to 5.54 in about 2 weeks.
Thats a 204%
So we know PSTR can move quickly and has done so very recently.
Since that time it has slowly slid down to sub dollar levels,
finally hitting a 52-week low last week at just .36.
Now it seems support could be starting to move in as it has
lifted off of that 52-week low to where it currently sits at .52.
with an RSI of only 34.12 one thing is clear... PSTR is oversold.
As we speak the stochastic is Bullish.
As you can see PSTR has seen significant movement in the past
year. If it were to continue its bounce from here we could be
looking at very large percentages.
PSTR has also been very thin of late, which could lead to high
As such were going to be keeping a very close eye on PSTR
Have it on your Watchlist and keep a close eye on it this morning
get started researching PSTR right away.
Remember, we always encourage you to do further research. Never
take our word for it, read our disclaimer to see why, and of
course always consult a professional.
It is important that you realize the highly speculative nature of
Just because a situation looks great things can still go wrong
and often do. Be smart and protect yourself.
Enjoy your morning,