Friday, June 11, 2010

Nat Gas update: ROSE

Rosetta Resources, Inc. 
Thursday, June 3, 2 pm Eastern: 21.86
Friday, June 11, close: 25.23
Gain: +15.42%
Candlestick analysis: "Hold" on buy at 22.40, June 3 (American Bulls)
Summary: Fairly solid numbers up and down, including revenues of $284 million versus total debt of $312 million. Year-over-year rev growth tailed off (-11.7%), but if clean energy comes to the forefront, that will reverse. Nobody wants to miss a breakout, but with declining volume, waiting is prudent. 


No comments: