Funny you mention BP.
I read that old presentation Matt made to potential investors (someone posted it yesterday). He said he wants to run CBAI like it is an oil and gas business. To control the supply, instead of hoping to strike oil, like so many other companies out there. I like the comparison.
Besides, that other stock has been rising ever since it plummeted. Do you think those investors are still worried about the spill? or have they moved on and are now looking to the future? The chart says they are looking to the future. I'll do the same with CBAI. It's not about the start up debt, or acquisition debt, or share count. It's about where the company will go from here. I believe CBAI is storing a valuable supply of stems. Sooner or later, it's got to pay off.