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IBDvalueinvestin (99.68)

10 Bagger in next 3 years.

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5

July 16, 2009 – Comments (0) | RELATED TICKERS: SGY

SGY was $60+ last year and now at $7 and change.

10 bags x $7 = $70/shr

 

Its very possible this stock becomes a 10 bagger in next 3 years, The same fundamentals that drove it to $60 last year will do it again in next 3 years. There is no hope that Oil & Gas won't get back to 2008 highs its just a question of how fast will it occur.

 

In the mean time you can look at SGY eps estimates and see that they have all been raised up dramatical;y within the last week.

 

http://finance.yahoo.com/q/ae?s=SGY

The best part of SGY becoming a 10 bagger is that it will be a nice slow ride upwards giving us plenty of time to keep adding more shares each pay day as it steadily climbs up.

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