Cobra Oil Gas Company (CGCA.OB) Going Long Term
Source: http://Blog.QualityStocks.net/?p=16453Posted on Wednesday, July 22nd, 2009 | In Market Commentary, Small & Micro Cap
Receiving praise is always a good thing. Feelings of accomplishment, camaraderie between your co-workers and a general sense pride in your work are expressed by those involved. Pride in your work stands out the most we believe, and that’s just it. When one truly “believes” in something, they dedicate time, money, the possibility of time away from family and friends. It goes beyond thinking whether it can work, the determination and sheer will to accomplish takes over.
In the oil and gas market, it is difficult when to honor praise to the manufacturers. The market is so volatile that one day things are looking great, the next day, not so great. Sustainability and longevity are words used by those in every business, but in oil and gas it is different. In order to receive praise, meaningful praise, the oil company has to step out into the open, be recognized for their positive reactions and changes set in place, and sustain those adjustments for some time to even be considered. It is difficult to say the least.
However, when it does happen, nothing but good things comes out of it. Cobra Oil & Gas Company’s actions and adjustments to protocol now have researchers swimming in positive short and long term information. The company has a strong management team in place as well as an incredibly established balanced portfolio of assets, able to sustain higher profitability while utilizing modern technology.
One of Wall Street’s top independent research firms just released a report on Cobra Oil with a “BUY” recommendation and a $3.65 long-term price target. This is jaw dropping news to investors. It is something that only happens in a great while. It would be great to see more often, but sometimes you have to take what you can get it.
Let us hear your thoughts below:
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Cobra Oil & Gas Company, Market Commentary, Oil, Oil And Gas, oil and gas market, Small & Micro Cap, The Macro Trader, USD, wall street
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July 25th, 2009 at 6:01 am
Dear Sir, Do you still hold cobra oil and gas company as a “buy” recommendation in light of the massive falls in it’s stock price this week?
An answer would be very much appreciated, Melvyn Dale