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Post# of 17739
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cl001

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cl001

Re: cl001 post# 2740

Friday, 05/16/2008 5:18:06 PM

Friday, May 16, 2008 5:18:06 PM

Post# of 17739
HPX.to/HPNOF.pk
This one recently reported cashflow of $1.08/share. Q1 average production is 19,331 boe/d, April 20,600 boe/d with 500 boe/d shut-in. It is trading at less than 3 times cashflow, very cheap. The company just announced buying back shares:
http://biz.yahoo.com/cnw/080512/highpine_common_share.html?.v=1
It was trading at 25 in 2006. I am looking for it to go back to 25 area this year.

Buy cheap, undiscovered stocks!

Disclosure: I usually own the stocks I post the most. The more I discuss, the more shares I own. Do you own DD before placing the trades.
Please post stock symbols first in all your posts.

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