RE:God Love Us......I prefer to look at approaching earnings growth. If the earnings growth for Ithaca is as expected then the share price will multibag as the increased earnings start to come in. Earnings should just about double current levels is 2015 and nearly triple current levels in 2016, Ithaca is very under priced even at current earnings IMO.
If you believe the volume growth projections then there is nowhere better to be right now. Why do you think it is that numerous very sophisticated short term trading operations invariably cancel each other out making it very difficult for them to make money regardles of how many mathematicians they employ, while value/growth investors can significantly beat the market if they can be right and sit tight, which relatively few manage? The simple reason is that in an age when selling is done at the click of a button, the sitting tight bit, problematic in any era, is impossible for most today.
Also, It is much easier I think to own a stock like Ithaca when an event like Stella is 18 months away, which equates to a year away from 'getting close'. From further out one is generally prepared and conditioned to wait, only expecting modest gains in the shorter term. As we move into the 'getting close' phase now the psychology becomes more difficult I find, it should not be more difficult but it is. The antidote for this is to expect nothing until FPF-1 is on the move or even Stella first oil, you could then be in for a very pleasant early surprise!
Doug