Friday, June 11, 2010

Nat Gas update: REXX

Rex Energy Corp.
Thursday, June 3, 2 pm Eastern: 10.33
Friday, June 11, close: 11.47
Gain: 11.04%
Candlestick analysis: "Hold" on buy at 11.01, June 10 (American Bulls)
Summary: Negative margin and return numbers, but debt is low ($602K). Can REXX collect more than the $56 million it had in revenue? Possibly, but this is clearly not one of the sector leaders. 

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