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zguy

04/16/07 1:04 PM

#8780 RE: investorstallone #8778

I agree, investorstallone that .50s will be gone once word gets out about this. Not sure when but it is only a matter of time before we test our old highs. With revenues coming in and increasing each month this will be proven to be severely undervalued even at our old highs.

What people need to also realize is the low number of shares out there for Hemi as compared to many other O&G stocks as well as Hemi is basically debt free. I say basically because I recall Keith saying in an email that they bought that new rig on a very low interest loan but could pay it off if they wanted to. So, might as well pay a small amount of interest on a loan and put that money into a well that will likely give you a ROI in 2 weeks maybe 3 and then just keep pumping the money into your bank account. Gotta love having an investment where it takes under a month to pay for a major revenue maker and then after the month (or 2 weeks even!) it goes into the bank!