Profire Energy, Inc. (PFIE)

[UHCougar]

LET ME QUOTE MYSELF...

Which is why right now is a great opportunity to buy. Based on the fundamentals, the stock is under priced. Hell.... their current ratio alone indicates $8.43 ($39,215,430/ $4,652,718).

I posted this on April 10th when the stock price closed at $1.29. Had you taken my advice and bought some shares you could have made an easy 12% return in 4 days if you sold at close yesterday. The P/E ratio was 9.21x on the 10th and is still only at 10.36x today. A modest 18x P/E ratio for the O&G industry would indicate PFIE PPS at $2.52 or, a 124% return. When oil was at $90-$100 bbls their P/E was around 40x. This is why I argue PFIE and the whole O&G sector is under priced.

Remind yourself that oil/gas is a limited resource. As the Middle East, Southeast Asia and South America continue to develop and grow, demand for energy will follow. Creating over demand and under supply for oil/gas over the long term.

I'm reinforcing that I'm not a trader. I'm a long term investor.