The market has been trashing Bankers for nearly two years now.....However, the stock is finally breaking out and now wonder. Their financials were outstanding last quarter and the dog is finally appearing to become a darling. The exact same thing will happen with Ithaca. Of course as mentioned, if you have 11 fields a number of them will likely be down during the year either expectedly or unexpectedly. That is why having 11 fields to draw production from is much more fun than having two or three and a ton more fun than having just one field as some producers have. Every dog has its day and I will admit that Ithaca is a bit of a dog of late (for really no valid reason) but so was bankers. They have been doing an outstanding job both on the financial and production side but nobody cared and the stock was definitely in "show me" mode. So they "showed" them and voila now all the naysayers are wanting to buy Bankers stock. The same thing will happen to Ithaca. They just have way too much value being unlocked to ignore.
When sentiment changes, Ithaca will be a much higher stock as if it trading at just 2.5 times 2014 cash flow per share it will trade at $5.