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Long

Ring Energy Trade Setup

AMEX:REI   RING ENERGY INC
Ring Energy , Inc. is an oil and gas exploration company which engages in oil and natural gas acquisition, exploration, development and production activities. The firm's areas of operation situated in the Permian Basin; the Central Basin Platform and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is headquartered in Midland, TX .
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Looks like this is going the other way..hoping for a bounce back after press conference
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