Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in West Texas. Callon Petroleum Company was founded in 1950 and is headquartered in Houston, Texas.
LPI holding strong above $50 and this thing can’t even maintain $38 what a joke. CPE needs to announce something positive to get us out of this $30 dollar shit, man this is getting frustrating
Looking like this is a $30 stock at best for a while….shit. Any upset in the market no matter how small this pos tanks so frustrating. Don’t see this stock doing anything for some time
Volume better pick up because right now it looks like no one is interested in this and also the EIA has to be really good or there is a strong possibility that we test the low $30’s again just like last week. CPE needs a catalyst right now big time because these little chicken shit draws are not gonna push us past 40.
CPE has very active short sellers. The market correction makes the stock vulnerable. Longs need to be diligent about locking up their shares with GTC sell orders. Today is annoying for sure but 50 could happen tomorrow or next week but it will be soon. Almost always Callon gains with a big jump. Crude is going above 70 soon and Callon is making headway on its debt ratio so hold and add. Don’t sell and add.
This stock is junk. Sinks much more than any other oil stock. Kicking myself in the ass not selling @ 45 looking like it’s gonna be a while before we see that price again. I guess I’ll be holding this shit bag for a while
Pipeline shuts down CPE goes down, pipeline opens back up CPE goes down, oil goes up CPE goes down oil goes down CPE sinks like a rock, CPE goes above $40 it tanks. Over this this junk bouncing around in the $30’s. It’s probably gonna take $75-80/barrel to get this turd past $40 and stay above it. Till then we stuck like chuck.
And back down it goes. It takes all the stars to align for this pos to post back to back good gains. I bet it ends up in the red after another good EIA report just like it did last week.
Man this thing just can’t hold any gains. Seems like a good amount of people know it because that’s why we keep getting these good opening bell pops and then the sharp drop. Today was a another example why this thing ain’t heading heading to 50 anytime soon because when this gets above $41 the sell orders start piling in. Shorts know this that’s why the short interest remains so high on this stock. Very volatile, great day trader that’s for sure. Until this stock can sustain 40+ this POS ain’t going nowhere