Glowing endorsements like the one below (not from IHUB) are often seen around a stock's zenith. There's just too much agreement that TPL can only rise. I take such unanimity as a red flag.
"The reason no one covers this stock is that there's too few shares available. With 7 mil outstanding and the float probably half that, any recommendation would spike the price. Most investment houses have limits on minimum shares and liquidity. Even if it split, the price in the long term will be driven by earnings, and that is going up, but how much is anyone's guess.A P/E of 50 is not unreasonable if the growth in earnings continue."
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Because the Good Life is Just a Pump or Two Away
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