GREY:ANGZF - Post by User
Comment by
buyloweron Oct 19, 2010 11:06pm
612 Views
Post# 17585690
RE: Sell or Short this pumped dog
RE: Sell or Short this pumped dog See if you can find a better peer company than Angle Energy.
Angle has significantly exceeded its' production estimates over the past years. Take a serious look at their growth, balance sheet, cash flow, netbacks, land acquisitions, past history in the basin, management and future oil and NGL potential.
Soon, we will find out about Angles' plans on its' growth strategy into 2011 based on their current drilling results (ie oil and NGL).
With regards to the issue on the suspected misleading slide within the 31 pages of the presentation, it's NOT a big deal. NGL and oil production is forcasted to go up significantly. I believe that was the point.
In the mean time, myself, the market and the 14 analysts that cover Angle continue to support this stellar company.