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Good price point

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Company: Meridian Resource (TMR)
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100%
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1 votes

  Good price point

This is simple. The 52 week low is $1.45 so here is a great entry point in the $1.50's. They (TMR) is a small oil and nat gas producer with a great balance sheet. The company has been buying back it's own stock and should be a takeover target especially in this enviornment of lower market cap M&A targets. Be patient, and remember the LONG term price for oil and gas is UP. Start accumulating this one now.

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