SFY could rally this week.

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dan_s
Posts: 37277
Joined: Fri Apr 23, 2010 8:22 am

SFY could rally this week.

Post by dan_s »

Watch this video. It could cause a Short Covering Rally next week.

http://www.cnbc.com/id/101163904?__sour ... k?+No+more,

Any decent analyst that takes a hard look at SFY will see that it is grossly undervalued.
Dan Steffens
Energy Prospectus Group
kauaigary

Re: SFY could rally this week.

Post by kauaigary »

Dan, can you point me to your analysis that leads to $30. Thanks in advance. Gary
dan_s
Posts: 37277
Joined: Fri Apr 23, 2010 8:22 am

Re: SFY could rally this week.

Post by dan_s »

Under the Watch List Tab. You must log on to get to it.
Dan Steffens
Energy Prospectus Group
kauaigary

Re: SFY could rally this week.

Post by kauaigary »

Thanks, got it!
dan_s
Posts: 37277
Joined: Fri Apr 23, 2010 8:22 am

Re: SFY could rally this week.

Post by dan_s »

This is why SFY is going higher: http://finance.yahoo.com/news/cramer-st ... 50525.html

I believe SFY could go up to $20/share quickly, but long-term I believe it is worth $30/share.
Dan Steffens
Energy Prospectus Group
kauaigary

Re: SFY could rally this week.

Post by kauaigary »

Thanks for the over the weekend additional alert on SFY. I was able to get in at less than $14 early this morning.

When your intern runs the study, I hope you'll be able to establish an expected range for sale proceeds in LA because that will aid in determining the degree of balance sheet cleanup and the added CAPEX available for drilling the Eagle Ford.
willvanam
Posts: 28
Joined: Thu Feb 28, 2013 1:56 pm

Re: SFY could rally this week.

Post by willvanam »

Dan I got very lucky with the timing here. I've been looking to deploy some cash raised over the last couple months and started buying SFY in size as it tanked in sync with crude on Friday. Now thanks to the Cramer squeeze I have a cushion that should give me the courage to hold it for a long time.
dan_s
Posts: 37277
Joined: Fri Apr 23, 2010 8:22 am

Re: SFY could rally this week.

Post by dan_s »

My SWAG is that central Louisiana package will sell for $200 to $300 million. It depends on how convincing the reserve report is.
Dan Steffens
Energy Prospectus Group
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