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Eagle and Beagle for Oct. 6

Eagle and Beagle for Oct. 6
by Don Mecoy Published: October 6, 2013



What goes up, must come down. And vice versa, apparently.

This week's eagle was last week's beagle. Shareholders of PostRock Energy Corp. find themselves just about as wealthy as they were two weeks ago — at least in terms of PSTR stock.

The shares gained 11.8 percent last week after falling 11.2 percent the previous week. That left the stock at $1.42 at Friday's close — one cent less than it closed two Fridays ago.

In terms of real stock movement, Oklahoma's highest-priced stock — Continental Resources Inc. — added more than $6 last week to close Friday at $113.12.

We could have bought the stock $20 cheaper just over a month ago.

That oil is pretty slick stuff, huh?


The government may be mostly shut down, but Wall Street remains open for business.

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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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