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Re: Gigolo Jason post# 227

Wednesday, 03/27/2013 2:14:40 AM

Wednesday, March 27, 2013 2:14:40 AM

Post# of 825
Pickens watch - $WFT

Pickens initiated a position of 420,000 shares in the first quarter. Myriad insiders have also purchased approximately $2mm in new shares over the last six months.

The mean price target by the 28 analysts covering the stock is approximately $14.50 a share, around 25% above the current stock price. Raymond James also recently stated the shares were undervalued.

Analysts expect 8% to 9% revenue growth for both FY2013 and FY2014, and the stock has a minuscule five year projected PEG (.44)

The stock sells for less than 9x 2014's projected earnings. WFT is also selling at the bottom of its five year valuation range based on P/B and P/S.

Oil & Gas | OTCBB | OTCQB | Pink Sheets

Purely my own opinion. This is not investment advise and do your own due diligence.

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