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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (31117)	6/4/2008 7:09:19 PM
From: Madharry	Read Replies (1) \| Respond to of 78751

if you accept the projection of 5,000 bbl and cash flow of 2.5 times its pretty cheap. I would buy those numbers at that market cap any day. am i missing something? BTW I am almost entirely out of DEJ now. I met management a year ago and was not impressed but bought some anyway cause it seemed so cheap relative to potential. Now its a year later and they still seem cheap relative to potential but I'd rather use the money elsewhere so Ive moved on. I also sold out of my WMT though I still like it and put the proceeds into the Buffalo. I had a pretty good return on it and I still like energy more than retail when all is said and done. I think I m going to continue to watch GM.