RE:We are on track for another good quarter I spent most of last year in the $11-15 camp. Now I'm in the $15 -20 camp.
It was actually another poster who pushed me to find the information to do this. His claim was that last time CPG traded at $20, there were half the number of shares outstanding. I went to verify this statement and Simply put, the shares outstanding isn't that much higher than it was the last time the company traded at $20 (a mere 14% higher). With buybacks, the shares outstanding should be under control in a reasonable timeframe.
The debt used to scare investors but it's well under control too. The div has been incrementally increased, and I expect it to continue to do so.
Goose? Golden egg? Either way, this is going to pay off.
mtlmoneyman wrote: As oil and natural gas prices continue to climb -CPG should have anothe great quarter-
the share price should be trading much higher like 11-.00-12.00 be patient its coming -
enjoynthe day -
Go CPG Go