Eagle and Beagle: Oklahoma's best and worst stock

Business Writer Don Mecoy writes about the best- and worst-performing Oklahoma stocks for the week.
Oklahoman Published: November 18, 2012
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Among the laggards were several of the usual suspects — stocks that have made regular appearances in the bottom half of this column.

But the runt of the litter this week was GMX Resources, an Oklahoma City energy company. GMXR shares have been low-priced and volatile for some time, attributes that garner the interest of the eagle and beagle on a regular basis.

A week ago here, we noted the 65 percent one-week gain of GMXR shares after the company announced an outside investment. That, regrettably, was followed by a 19.5 percent decline in the stock price. It closed Friday at 64 cents.

Perhaps it's time to limit our spotlight to stocks that trade for $1 or more.

Eagle & Beagle is a weekly look at the state's high-performing (eagle) and low-performing (beagle) stocks by Business Writer Don Mecoy.

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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