violet violet violet ......
don't dispare ...this company even with a 5 for 0ne reverse split will be a doube at least and more than likely a triple .....in normal times an e and p would trade at 5 to 8 times cash flow ....that is the metrics to keep and eye on not the 3.5 x price to earnings though important ....cash flow can not be masaged by the acountants ..... so here is an 80% u s oil company trading at 1.9 x cash flow ....profitable for the last 5 quarters and for sure this quarter since oil prices are up 20 % that goes dirctlly to the bottom line so we could quite posible see a price to cash flow of 1.4 x ...no just compare that to continental clr on the nyse or even eog and devon well you get the picture ....don't click my spam links below. is valued in the market right now at 1/4 to 1/3 of these companies so this is what i base my triple forcast on ......merry xmas to all