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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (42526)6/14/2011 11:51:37 AM
From: E_K_S   of 78683
 
I placed a small starter position for TTT for the IRA account. I like their core holdings of assets especially their iron ore interests. The dividend is a plus (and required) for the IRA.
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Re: Voyager Oil & Gas, Inc. (VOG)

Stepped up with another buy of Voyager Oil & Gas, Inc. (VOG) which brings my average cost down quite a bit. I made the mistake of starting my initial buys at too high a price but I like that the company still has several new wells to drill and sufficient cash to finish their scheduled drilling program.

At least one analysts agrees with me.
streetinsider.com

Canaccord Genuity Maintains a 'Buy' on Voyager Oil & Gas (VOG); Compelling Bakken Valuation

June 10, 2011 8:48 AM EDT

Canaccord Genuity maintains a 'Buy' on Voyager Oil & Gas (NYSE: VOG), PT $5.50.

Canaccord analyst, John Gerdes, said, "Our conviction is strengthened based on insights from our recent marketing event and improving capital productivity in 2011/2012. At present, we believe the market is undervaluing Voyager’s Bakken position and we believe the stock is too cheap for a company with its liquidity position and relative growth potential. In our view, the company’s acreage and development strategy should drive material NAV accretion in 2011. The most important upcoming catalysts include a potential Niobrara divestiture and continued organic leasing activity."

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The market continues to sell this name but so far it has been on pretty low volume.

EKS
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