Rosetta Resources – ROSE – $11.38 close on 9/2/09 Nutshell: Interesting, very gassy story, with strong "story stock" upside potential and quality, seasoned and conservative management. Think of it as a tight gas sand player with upside provided by nascent projects in the both the Eagle Ford and Bakken Shales. I’ve mentioned this one…
Day: September 3, 2009
Thursday – Natural Gas Preview and Oil Inventory Review Plus Some Words About ROSE
Overnight Shanghai posted nearly a 5% bounce giving futures in the U.S. a head start this morning. Jobless claims came in at 570K vs 565K expected but the big number of the week comes tomorrow with non farm payrolls. Retail sales are coming in across the board negative for August this morning but that was…