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Message Boards Settings RAM Energy Resources, Inc. (RAME) - Quote Info
Re: Next Move!?      5-Nov-09 03:18 pm    
I agree with gator082 and here's why. From Rame's own earnings report. Unless the price of oil & gas and production goes up, I don't see how they can soar to new levels. They could actually drop based on these numbers.

The company’s realized price for oil fell 44% to an average of $65.74 per barrel in the third quarter of 2009, compared with last year’s third quarter average realized price of $116.81 per barrel. Similarly, the company’s realized price for natural gas declined 65% to an average of $3.10 per thousand cubic feet (Mcf) compared to an average of $8.85 per Mcf in the third quarter of 2008. In addition, the price of NGLs dropped 56%, averaging $28.84 per barrel for this year’s third quarter. The company’s 2% lower production combined with a 51% lower hydrocarbon price combined to reduce oil and gas sales by 52% to $25.9 million in the current quarter compared to oil and gas sales in the year-ago quarter. The impact from the fall in oil and gas sales was further exacerbated by net losses recorded from derivatives.
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  Subject Author Rating Time of Post (ET)  
 
For those who are long and to those who are non bashers...
drbrites (1 Rating) 4-Nov-09 02:30 pm  
 
I am long RAME hoping for $4 in a year.Earning com...
nathan71943... Rate it 4-Nov-09 02:49 pm  
 
drbrites, for the record, I have no interest in ba...
gatorman082 (1 Rating) 4-Nov-09 03:24 pm  
 
Wow...!, you called out a breakdown price?. I...
drbrites (2 Ratings) 5-Nov-09 02:11 am  
 
It appears you are too emotionally attac...
gatorman082 Rate it 5-Nov-09 02:53 pm  
 
Re: Next Move!?
oil_man0319 Not rated 5-Nov-09 03:18 pm  
 
Yahoo Finance News: TOP STORIES Oil rises above $...
drbrites (1 Rating) 9-Nov-09 02:07 am  
 
Larry Lee is a good oil man, but the mo-jo fo...
mrbiglou1 Rate it 9-Nov-09 12:19 pm  
 
It was the deal for Ascent Energy in 200...
mrbiglou1 Rate it 9-Nov-09 12:24 pm  
 
are you kidding look at the stock up up ...
youarecluel... Rate it 9-Nov-09 12:25 pm  
 
Look at the Dec options almost $100 / b !!!!
rogerr27 Rate it 9-Nov-09 12:24 pm  
 
I have no idea what mrbiglo talking about?. Can ...
drbrites Rate it 9-Nov-09 01:00 pm  
 
RAM Energy Resources, Inc.(NasdaqGM: RAME) Real-T...
drbrites Rate it 9-Nov-09 01:02 pm  
 
The whole sector is up today. Most likely rel...
gatorman082 Rate it 9-Nov-09 03:14 pm  
 
Right now, it seems to dance to the tune of the ma...
drbrites Rate it 11-Nov-09 03:08 pm  
 
You sound like a sycophant drbrites. Is your...
miturbanesd... Rate it 12-Nov-09 11:42 am  
 
*********Suppose I say you are a scoundr...
drbrites Rate it 13-Nov-09 02:25 pm  
 
*********Suppose I say you are a scoundr...
drbrites Rate it 13-Nov-09 02:28 pm  
 
The best predictor of RAME at the moment appe...
diodia2000 Rate it 12-Nov-09 11:23 pm  
 
Thank you, atleast you had some useful i...
drbrites Rate it 13-Nov-09 02:26 pm  
 
Do not let RAME fool you. Look back ove...
diodia2000 Rate it 14-Nov-09 11:19 am  
 
Dear Board members, please report this guy mi...
drbrites Rate it 16-Nov-09 03:26 am  
 
Drbrites, is it okay if someone disagrees wit...
scottishkin... Rate it 16-Nov-09 11:09 am  
 
What happens to Gator?, what is your take on the u...
drbrites Rate it 18-Nov-09 04:13 pm  
 
Drbrites, is it okay if someone disagrees wit...
miturbanesd... Rate it 19-Nov-09 01:43 pm  
 
BTW, a friendly tip. Check out HL, apology ac...
miturbanesd... Rate it 19-Nov-09 01:44 pm  
 
Oh, I am sorry, I did not bother to acce...
drbrites Rate it 14-Dec-09 02:34 pm  
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RAM Energy Resources, Inc. (RAME)

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On Dec 18: 1.66 Down 0.03 (1.78%)
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