GREY:DPGYF - Post by User
Comment by
Orwellon Jun 02, 2008 9:49pm
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Post# 15137207
DEE undervalued
DEE undervaluedDEE was always undervalued relative to its peers based on cash flow multiples.
It has probably stalled recently since it really has doubled within the last 52 weeks.
But once that big rise is digested, it should grab another 50% from here.
The big kicker is the prices for natural gas now, and it's not likely they will go down through the summer.
I see $4.00 in the cards for DEE by Q3 this year.
I've sold many of my big gainers that are 6,7,8x cash flow now, but still waiting for DEE to catch up.
Added more today.
O.