RE:RE:insiders bought a lot of stock in jan 2015As a longtime holder here I would like to think that the company will come out of this downturn and as a result the shareprice go back to a level that I make some money. But to say more analysts are bullish than bearish is not true.
Out of 13 analysts only 3 have buys /outperforms on the stock. 8 have holds and 2 have sells. Average target price of $8.65 across the group for a potential return of 15% from current levels.
If oil rebounds then yes, it could easily claw back a lot of share value it lost in the last 4 months. But if oil stays here their leverage will weigh on them. Mgmt and ownership are well respected and will find a way to make it through this. I'm confidend they'll be worth more 5 years from now. But I wouldn't go posting false hope here by saying the street is bullish on the name b/c they aren't. Lots of debt and no hedging in a low commodity price environment is not TETs friend right now.