GREY:DPGYF - Post by User
Comment by
fairchijon Dec 02, 2014 1:31pm
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Post# 23186388
RE:RE:RE:New 52 Week Low ---$1.44
RE:RE:RE:New 52 Week Low ---$1.44I had lunch with Bob McWhirter (Selective Asset Management) last week and was primarily there to discuss POET Technologies however the discussion expanded to touch on the markets in general. He is seeing reports of a more entrenched Polar Vortex this year across North America. On average colder than last year. He described some pretty nasty models for oil so I asked him about gas and he said he really liked a company called Delphi. There model of financing expansion with cash flow and their expertise in designing fracs to extend higher production rates over a long period of time made the company a stand out. I bought some the day before my meeting with him so it made me feel pretty good about owning it especially in view of the winter that is expected.
I don’t own a lot but I thought it was worth mentioning here.
It really does not make much sense to me how hard gas producers have been hit.