$NOG Northern Oil & Gas buy signal.

AMEX:NOG   Northern Oil and Gas, Inc
Entry level $2.20 = Target price $2.65 = $stop loss $2.12
This is purely technical the fundamentals within the sector remain weak, and the only positive is the high short interest which could help fuel the a rally.
P/e Ratio 4.5
Short interest 11.57%
Company profile
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN .
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