lnref

[mkarpoff]

Any idea why the move in Lonestar today?

[dan_s]

It is getting close to when it up lists to NASDAQ. When that happens, it should rapidly move toward my valuation. Many fund managers cannot own stocks that are traded on the pink sheets. When they focus on the numbers for Lonestar, they are really going to like it. It is still trading at less than 2X my CFPS forecast for 2016. A multiple of 4X is appropriate for a company of this size and running room.

Lonestar is thinly traded, so a few buyers can really move the share price.

I highly recommend you all read carefully my recent profile on Lonestar, which is under the Small-Cap tab on the EPG website.

[Fosterplc]

Loving it. Up 30% today, 70% in two weeks.

[dan_s]

My break-up valuation is $10.60/share.

[Fosterplc]

That would be at least a 3X return, since you first flagged the company. Good going in my books. Thanks!