

MAGNUM HUNTER RESOURCES CORP (NYSE:MHR), Down By 11.06% ($0.49) From $4.430 After BUYINS.NET Report Predicted Stock Would Go Do
August 24, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, August 19th 2011 stating that MAGNUM HUNTER RESOURCES CORP (NYSE:MHR) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/tools/symbol_stats.php?sym=mhr
At the time this story was written, MAGNUM HUNTER RESOURCES CORP (NYSE:MHR) is Down By $0.49 (11.06%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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MAGNUM HUNTER RESOURCES CORP (NYSE:MHR) - Magnum Hunter Resources Corporation, an independent oil and gas company, engages in the acquisition, development, and production of oil and natural gas primarily in West Virginia, North Dakota, Texas, and Louisiana. The company operates approximately 2,048 wells; and owns approximately 87,000 net acres, including approximately 46,000 net acres overlying the Marcellus Shale, as well as the shallow sandstones. As of December 31, 2009, it had estimated proved reserves of 6.2 million barrels of crude oil equivalent. The company was formerly known as Petro Resources Corporation and changed its name to Magnum Hunter Resources Corporation in July 2009. Magnum Hunter Resources Corporation is based in Houston, Texas.
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