Delphi Energy Corp. DPGYF

RE: RE: Daylight

[bshort92]

I find it a bit of a reach to correlate DEE's share price with that of DAY's. DEE is a gas oriented ratherly overly leveraged pig with not much compelling upside unless they can make a seamless transition into being a liquids oriented firm. I see DEE sitting in the lower rung of E&P performers for the near to mid term. Right now it is dead money. I could see shorting this puppy down to a $1.50. No sense trying to hype this dog. It's got to wait until gas prices improve and then you will get your day in court. Until then its garbage. As for a suitor...friendly or hostile yeah you might get an offer that is low balled that is spun to allow shareholders of both to marry each other. Maybe GO is in the hunt for a partner. That would make two pigs in a poke with the upside being a wait until NG prices are back north of $6. Until then it is hasta la vista compadres. Consider buying comparably priced liquids players: NVS.V, TBE or EME. Good luck DEE shareholders you are going to need it.