GMX Resources Inc. (GMXR) Will Become a $20 Stock, Reports Thestockfather.com
Bakken oil fields are a modern day gold rush, and GMX Resources Inc. (GMXR) and other oil companies will find plenty of black gold there.
GMX Resources, Inc. (NYSE: GMXR) is so undervalued that it's funny.
GMX Resources, Inc. (GMXR) has 1,280 acres in the Bakken area, and N. Dakota is staring to look like the North's version of Texas.
There are so many workers in this area right now, it has became a modern day gold rush. Workers are literally living in tents and trailers, and are from all across the United States.
GMX Resources has more than just the Bakken property, in a future article we will talk more about them, and more about (GMXR) in general.
(GMXR) should have never been beaten down this hard, but in being so, it makes for a tremendous opportunity for the small investor.
Thestockfather.com has given (GMXR) a one year price target of $8, and believes that (GMXR) will be trading over $20 a share in the future.
Kodiak Oil & Gas Corp (NYSE: KOG) is another small oil company that is destined to become either a behemoth, or be bought out by an even bigger oil and gas company.
Kodiak Oil & Gas Corp (KOG) is having a very good month, and we at Thestockfather.com believe that (GMXR) will have a similar month here soon.
Samson Oil & Gas Limited (AMEX: SSN) is yet another oil and gas producer having a good time of it lately.
On Tuesday, Samson Oil & Gas Limited (AMEX: SSN) closed up over 7%, or .15 cents on the day.
On Tuesday, Halcon Resources Corporation (NasdaqGM: HK), which use to be known as RAM Energy Resources, Inc. (RAM), closed down 5.80%, or .74 cents.
Halcon Resources Corporation (HK) has a bright future in store for it, and will become a major player in the oil and gas industry.
Oasis Petroleum Inc. (NYSE: Oas) is climbing back towards it's 52 week high of $36.15. Keep in mind that Oasis Petroleum Inc. (OAS) has earnings due February 22, 2012.
Look for Oasis Petroleum Inc. (OAS) to continue to climb into earnings.
Out of the five Oil and Gas stocks mentioned, (GMXR) appears to be the best bang for the buck, and we at www.thestockfather.com feel that (GMXR) will double within the next month.
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