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

To: Grantcw who wrote (40042)	11/14/2010 8:41:55 PM
From: Madharry	Read Replies (1) \| Respond to of 78476

I have kept all of the sd i have owned, and bought more on the way down but I cant tell you that I have any great understanding of it. when i first bought I remember seeing a presentation showing that the the net present value was $34, then i kept hearing how it only costs them $1 to get gas out of the ground. either way $5 just seems like its too cheap to me as i dont see it going out of business. thats not to say I am touting this as an awesome buy. more like ive lost a lot of money on this one and Im holding thinking that the price of natgas will recover eventually and so will the share price of sd but I'm not holding my breath.