Thursday, June 10, 2010

Nat Gas update: DPTR

Delta Petroleum Corp. 
Thursday, June 3, 2 pm Eastern: 1.13
Thursday, June 10, close: 1.23
Gain: +8.85%
Candlestick analysis: "Buy Confirmed" today at 1.17 (American Bulls)
Summary: Tiny company with heavy margin declines and returns, plus serious debt ($625 million). Even the float isn't exactly tiny (184M). Would not touch this without a compelling reason.

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