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Re: hweb2 post# 141860

Monday, 02/27/2012 2:46:27 PM

Monday, February 27, 2012 2:46:27 PM

Post# of 173663
Hweb- Here's why selling at $10.40 is early

IMO. I just looked at the June and Sept 2011 qtrs. They were $.03 and $.05 respectively. Now if the company quadrupled Dec qtr Net Income year over year, why couldn't we expect a quadrupling of the June and Sept qtrs in 2012 vs 2011 with all the addditonal crews and backlog ? Also we could have a monster Mar qtr as you said. Personally I think it will be huge, like $.50+. I think TGE will post $1.10+ in 2012, and I would give a 15 PE going forward. So I still maintain around a $15 price target.

Wade

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