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Re: fung_derf post# 1968

Friday, 02/27/2015 11:25:28 AM

Friday, February 27, 2015 11:25:28 AM

Post# of 3827
Again, the future expectations/estimates are all tied to the price of oil at the end of the day. There is a distinct correlation between the price of oil and O&G stocks. So, if your future expectation for the price of oil is to go back up, then you can expect the price of O&G related stocks like PFIE to go back up with a reasonably accurate degree of certainty. My expectation is that oil will go back up. Therefore, I am buying PFIE at this price level.

We've seen the growth, strong results, and success PFIE has had when oil was at $100-$90 bbl. So piecing together their prior success at $100-$90 bbl, my future expectations of oil $$, and the current pps for PFIE I'm buying. Way more upside potential for PFIE than large cap companies like Haliburton. The revenue and EPS curve for these large cap companies has leveled off when compared to a company like PFIE. I am also looking at HII Technologies (HIIT).
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  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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