August 29, 2008, 12:21 am | CDT
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Company: PETROHAWK ENERGY
Sector: Basic Materials
Industry: Independent Oil & Gas
Capitalization: 7,791 ($mm)
Added to portfolio: June 09, 2008 at $35.45
Current Price: 35.06
Performance: -1.10%
Overview
TickerPriceChangeVolume24h range52 Week RangeP/E RatioEPS
HK35.06-1.1710,769,74133.61 - 37.0014.00 - 54.49 -0.67
History of Comments
DateCommentPrice% Gain/Loss
06/09/08independent oil & gas wildcatter is one of the lowest cost producers - is 90% natural gas - co is drilling in West Texas & Oklahoma but its biggest play is in the gigantic shales in Fayetteville, Arkansas &  Haynesville, Louisiana - drilling will expand into the end of the year - could be sitting on 6.1T cubic feet of gas in Haynesville alone - expect production to ramp - stock could go to 4835.450.00%
06/10/08next day close33.98-4.15%
06/19/08would buy more on additional weakness - CEO interviewed: is operating in the Haynesville Shale that has great promise - co has almost a 100% drilling success ratio 39.30+10.86%
07/07/08is not done going down - wait a little bit 44.15+24.54%
07/24/08natural gas is on support  at $8 mcf - the stock won't move until gas bottoms there32.26-9.00%
07/31/08would be a buyer down here33.32-6.01%
08/28/08closing price35.06-1.10%


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Site Update - Aug. 28, 2008

Major Buy Reiterations/New Price Targets*:
EMR, JCG, GOOG, GTI, WAG
Other Comments – Existing Recommendations:
BMY, CMI, CSCO, DE, KO, MO, NKE, SAN, T, VZ
Sells:
CVS

*** AUGUST 28, 2008 - The show was educational only. This update is a carryover from Augusr 27th.

See Cramer's Calls for market, sector & IPO comments -

- See  MAJOR REITERATIONS page for recent strong buy reiterations & new Price Targets -

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*Highlighted in a show segment other than the Lightning Round or Sudden Death