Waitedg: Good question, I took a look at those also. I'm no O&G expert, but look at the fundamentals:
PLLL $7.78, income was actually down last year and only $0.19 EPS.
CWEI $23.49, low growth and -$1.32 EPS, probably the most overvalued unless they have something in the works.
GDP 16.94, closer to TYDH on OS, but only $0.84 EPS
MHR $14.43, $1.30 EPS.
REM $29.17, looks under-valued, PE 12.61, Forward PE 9.92, PEG of 0.69. That one without looking deeper may be a good buy. May have pulled back with the sector.
TYDH is looking at "anticipates annualized earnings per share, before interest, taxes, depreciation and amortization of $1.50 per share for 2005, up from the previously forecasted $1.19 per share, and $2.35 per share in 2006, which has been increased from $1.70 per share previously projected."
So TDYH shows excellant growth through 2006, so the present price is due to it's speculative nature, but as the ducks keep falling in place, $12 looks right to me in a few months. The Amex listing will mean new ballgame and potential, IMO. Compare the EPS' of all the above companies to TYDH to develop your own price target.
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.
