Stock Watcher's Thread / Pix of the Week (POW) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VSAT 34.66

-0.3%

Dec 29 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stock Watcher who wrote (10161)	6/7/1999 6:51:00 PM
From: Mac	Read Replies (1) of 52051

KWE on Alberta : Went to shareholders meeting May 27. Fundamentals very impressive for this company. They will be sitting with assets valued at about 3X purchase price, no debt, 600 bbl per /day production( 60% natural gas ). Walking into positive cash flow, a profit and expanding production by the end of the first year. If the price of oil remains above $15/ barrel , this could easily be a 10 bagger in one year. Take a good look , I don't see much risk in this situation, no resistance on chart past $1 and the insiders did their last private placement at .90. They are in the envious position of sitting in cash in the bottom of a rising market. Management did this once before in 1991 and ran the company from .18 to over $9, then sold the company in 1997 at the top. Love those kinda guys!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next