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RRainman9999

01/05/05 8:56 PM

#947 RE: hweb2 #945

Vaalco Energy-EGY

I don't think you can wait for a stock like EGY to bounce technically off of their bottoms, or to fundamentally react to a change in the sell out from BBH and catch them anywhere near their ultimate bottoms.

I think you have to anticipate a bottom and build into a position, buying into weakness before the technical,or the future projects becomes visible and we all know what kind of projects are c'ing online!, because once it is... the stock imho.... will already have anticipated the move and ramped hard & fast off their out of favor/over sold bottoms!

NOw is the time to add positions

The shakeouts occur... one door closes and another one opens! Take advantage from it these kind of opportunities are hard to find nowaday's


I don't know about the rest of you... but, I like the feeling you get from both doing a little thinking and a little trading outside the box... but, then again...
maybe it's just from having this little Rocket - back in my pocket!

I'm gearing up my buys in EGY again since last week hope everyone overhere or new investors are doing the same thing because EGY is like holding a fortune. This is the best Oilstock on the US market right now at this price..once it goes up it won't look back and say goodbye to this Fire sale price.

RR


rrat02

01/05/05 9:01 PM

#949 RE: hweb2 #945

PIHC: The "customer" demographics are actually excellent as they focus on alcoholism and depression. The company is developing some excellent relationships with insurance companies and that is where a lot of their business is coming from (i.e. insurance company will pay for the treatment if done at a PIHC operated facility). Revenue and earnings should be very good relative to last year's comp. Would encourage anyone who is interested to listen to the recording of the most recent CC. Very informative. Think that there is strong upside potential with limited downside risk (i.e. good risk/reward situation). Not a "get rich quick" stock though. IMHO.

lentinman

01/05/05 11:15 PM

#964 RE: hweb2 #945

Rrat: HWeb: PIHC:

Rrat: Thanks for your input.

HWeb: Well, I just lost my first post with IHub. I didn't copy it, so I have to try to remember what I wrote. Damn, I hate that! Oh, well. Even Nicole Kidman has periods! Where was I? Oh yeah.

If I understand you correctly you are saying that counting Q2, you feel like 17 cents is reasonable. But, you also predicted 5 cents for Q2. That would mean that Q3 of last year would have to have been 5 cents so that earnings were 5, 3, 4, 5. But, if you divide the $950K of one time expense by 17M shares, you get about 6 cents. Since they lost 6 cents in Q3 of last year, that would be a wash. So, why isn't it 0, 3, 4, 5 = 12 cents? But, I will assume 17 cents for this discussion.

A PE of 10 cannot be assured. I listed a bunch of BB stocks the other day that had a PE of 6 or so. But, even with 17 cents and even with a PE of 10, that is only a $1.70 and 21% more than where it is at right now ($1.70/$1.40). Are you telling me that pickings are that slim??

I really appreciate the relentless effort at finding value BB's that you put forth. So, whether or not I opt to buy, hopefully your answers will be better exposure for the stock.

Len