Don Mecoy's Eagle & Beagle, Sept. 2

Don Mecoy's Eagle & Beagle, Sept. 2
by Don Mecoy Published: September 2, 2012
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Eagle & Beagle

Eagle

Our top-performing Oklahoma stock this week should come as no surprise.

Dollar Thrifty Automotive Group made the most money for its shareholders during the week in which it also made the most news. Hertz Global Holdings has agreed to pay more than $2 billion in cash for the Tulsa rental car company.

The stock added more than $6, or 7.6 percent, over the past five days to close the week at $87.16.

Congratulations to anyone who held DTG through the horror show that occurred in early 2009 when the shares bottomed out at 60 cents.

Your belief — or perhaps stubbornness — has rewarded you with a 14,426 percent return.

Spend some of those profits on a bottle of bubbly.

Beagle

On the other hand, this week's beagle didn't produce any big news last week.

Nevertheless, shares of PostRock Energy Corp. slid 8.5 percent over the past five trading days. The fall doesn't look quite as precipitous when one takes into consideration that the actual share price declined just 17 cents (to $1.82), and that the trading volume was below average for this already lightly traded issue.


by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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