GREY:ROAOF - Post by User
Post by
stockwhispereron Nov 13, 2008 9:53pm
553 Views
Post# 15585356
LOAD UP..... GAP UP
LOAD UP..... GAP UPGAP UP in the morning. We might see 7.00 dollars tomorrow.
nice quote here:
by Chyanne Fickes:
"One of the cheapest stocks on the index today. North Sea play, Huntington had 2 wells come in recently. Proven and possible reserve will be increased by the end of the year. Cash flow in 2008 of about $800 million and 2009 $1.4 billion. Market cap $700 million and are more than able to cover capital expenditures with their cash flows."
by David Cockfield:
"Dependent on bank lines to complete their expansion plans but have very solid internal cash flows. All they have to do is drag out their drilling programs and will be able to generate the cash. Excellent assets in the North Sea. He is trying to get enough nerve to average down on his positions."
by Jennifer Stevenson
"Biggest risk on this one is refinancing. Thinks the market has blown this out of proportion as this company has significant reserve value with growing production and cash flows coming at them every day. Stock price is reasonable. Will be more volatile but if you have a few that is more than a quarter or two it will probably work out just fine."
LOAD UPPPPPPPPPPPPPPPPPPPPPPPPPPPPP!!!!