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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,447.60
(
2.18%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
-1.03%
)
Bitcoin
62,997.44
(
6.56%
)
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cl001

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cl001

Re: curlews post# 5103

Monday, 06/29/2009 9:03:54 PM

Monday, June 29, 2009 9:03:54 PM

Post# of 17737
Yea, I have been buying IAE.v today as well. It is already my largest energy position adding more today. From the PR, you can calculate that it is trading at 1-2 times cashflow. Now they have no debt and 30+ million cash, it is a screaming buy IMO.
If you do the math, they basically sold 1/3 of oil for 100 million USD. The rest 2/3 + 30+ million USD still worth about 100 million USD, amazing!

Buy cheap, undiscovered stocks!

Disclosure: I usually own the stocks I post the most. The more I discuss, the more shares I own. Do you own DD before placing the trades.
Please post stock symbols first in all your posts.

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