Insider buys $500,000 of GOK, Active Trading Partners recommends with buy alert

June 18, 2010 - PRLog -- Between June 9th and June 15th, William Ziegler, a Director of Geokinetics (GOK-AMEX), purchased 100,000 shares at ranges from $4.81 to $5.53.  ActiveTradingPartners.com followed with further research and alerted our subscribers to purchase the stock between 5.10 and 5.50 a share ranges.  Geokinetics recently traded as high as $9.38 a share in mid April when the market topped and then corrected.  The company announced $80 million in new contracts just prior to this recent $500,000 purchase of stock in the open market  by William Ziegler.  In the same press release they indicated they were expecting more contracts to be announced soon.  The Book value is north of $7 per share and we find this a good time both fundamentally and technically to consider the stock.

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