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Strategies & Market Trends : Ride the Tiger with CD

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To: Veteran98 who wrote (161800)6/1/2009 12:05:02 PM
From: Veteran981 Recommendation   of 313275
 
Yup I agree... was surprised by the lacklustre review but then I guess there are always two sides to every coin. I'm betting IAE goes much higher I'm loaded from the low .50's for my core holdings and have not yet entered into any trading position but will add on traders on weakness.....

investorvillage.com

7850 net at $61 Brent = ~C$126MM annualized = ~C$0.78/sh annualized cash flow.
But there will be natural declines, so say $0.60/sh cash flow. Slap a 3x cf multiple and IAE should be trading at $1.80. I remain mystified that anyone is selling at these levels.
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