I'm not a fan of the "bowtie man" but...Josef Schachter gave a 90 second spiel on SGY on BNN today. If you missed it, here's a summary!
* Sparky has become their homerun play.
* He owns SGY and will be a buyer on weakness in the market.
* Stock should potentially be in thet $20s going into the next 2 years.
* Presently has a TP of $42 for his 5-year peak, indicating that SGY was a $61 stock back in 2012.
Key points...
* Repairing their balance sheet.
* Bad hedges they had are finally running off.
* FCF at today's commodity price is going to be spectacular and that will attract investor attention going forward.