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Timothy Smith

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Timothy Smith

Re: bullfrog971 post# 26

Monday, 08/06/2012 3:12:04 PM

Monday, August 06, 2012 3:12:04 PM

Post# of 55
Double Eagle Petroleum (DBLE) shares trade around $4. The stock trades in a 52-week range of $3.74 and $9.76. The company has a price earnings ratio of 7.80, earnings per share of $0.71 and does not pay a dividend.

The company has total cash of $8.68 million and total debt of $42.05 million. The book value per share is $5.01. Short percentage of float is 2.8% is widely held by retail investors; approximately 57% of the float is held by retail.

I do like the potential at these prices. Any thoughts?

"My well came in big, so big, Bick and there's more down there and there's bigger wells. I'm rich, Bick. I'm a rich 'un. I'm a rich boy." - Jett Rink

Don't believe anything I say. Do your own DD. Insert huge disclaimer here ____________.

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