Over the last two days, GMXR 9.25% Cum. Pfd. stock GMXR, or GMXR-P has dropped 7.7%. from $24.75 to $22.85. This presents a compelling opportunity to earn a 10% yield with the additional possibility of an almost 10% capital gain. It …
Should you sell GMX Resources (NYSE: GMXR) today? The decision to sell a stock you've researched and followed for months or years is never easy. But if you fall in love with your stock holdings, you risk becoming vulnerable to …
In trading on Wednesday, shares of GMX Resources Inc.’s 9.25% Series B Cumulative Preferred Stock (NYSE: GMXR.PR) were yielding above the 17% mark based on its quarterly dividend (annualized to $2.3125), with shares …
I was doing some yahoo message board surfing last night and for some reason I wound up on the GMXR board. I noticed a news article ... $2.31 divy on a $6 preferred stock is worth consideration. Today I watched the action and finally bought …
As of the Effective Date, all rights and interests of holders of the Company's common and preferred stock have been terminated. Finally, equity interests in the debtor subsidiaries are now held directly by Reorganized GMXR for the …
GMXR) announced today that the Company will hold a special meeting of the shareholders on November 29, 2012 to seek approval on the granting to the Board of Directors the discretionary authority to effect a reverse stock split (the …
Trading activity follows yesterday's announcement that GMXR will will hold a special meeting of the shareholders regarding a reverse stock split. The proposed split would be in a range of not less than 1-for-5 shares and not more than 1-for-13 …
Dec 04, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/12/04/gmx-resources-plans-to-list-shares-on-new-york-stock-exchange/) December 4, 2009 (FinancialWire) -- GMX Resources
GMX Resources Inc. (NASDAQ:GMXR) notched up 8.99% to $16.98 on huge volume of 397k shares on no news. The stock has a 52-week range of $5.57-$41.60. So far in the last six months the stock has rallied over 143%. GMX
Dividend on 9.25% Series B Cumulative Preferred Stock GMXR will pay a regular quarterly dividend of $0.578125 per share on July 1, 2009 to holders of record as of June 19, 2009 on the 2,000,000 outstanding shares of our 9.25% Series B …