|WAIT||$16.450||BEAR on OIL||OIL & GAS||Unknown|
They did a good deal with VII-T. They build long term assets before the stock got beat up. It has recovered nicely. If the price of oil comes down then it is possible after the winter we could see lower prices of $4-5. Hold off and wait until about late Q2 of this year.
President, Schachter Asset Management
POU has no debt and 10 dollars a share in cash a liquid assets. Not to mention their production is 30% liquids. Just the 150 sections they own next to VII gen is worth another 1.5 billion, they are dripping in value and the cheapest stock with the most opportunity on the entire stock exchange. They just added almost 2.6 billion dollars to the balance sheet and have zero bank debt.
You must be logged in to comment.