In the Research Works report TDYH is compared with 5 other companies-- Clayton Williams Energy, Goodrich Petroleum Corp, Magnum Hunter Resources, Parellel Petroleum Corp.,and Remington Oil & Gas Corp. After studying these companies and their market prices, it is is hard for me to see Tandem going much over $8 to $10. Admittedly I am inexperienced in oil and gas company analysis. But it is hard to see a much higher price when comparing to these Nasdaq & NYSE listed companies.
A comparison with Parellel Petroleum (PLLL), for example, which closed about $7.70 appears to show PLLL a better investment. Am I missing something? Waited
Waitedg
