Festering Sores Could Leave "Permanent Scars" On NOG
In the second part of The Street Sweeper's two-part series on Northern Oil and Gas, Inc. (NYSE: NOG), Melissa Davis dives into the blemishes found within the company's corporate filings.
“Corporate filings reveal [that] those blemishes – the tainted company founders, the incestuous business arrangements, the fishy transfer agent, the sanctioned stock promoter, the relentless insider sales (which skyrocketed last week) – lurk just below the surface ready to grab the attention of curious bears or even distracted bulls who suddenly decide to open their eyes and take a careful look,” Davis wrote. “Just one of those festering sores, let alone a combination of all of them and more, could prove damaging enough to leave permanent scars on NOG and its gorgeous stock price.”
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