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An independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas.
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IBleedConcrete (99.25) Submitted: 5/14/08 11:52 PM : Start Price: $7.21 EGY Score: 4.43
Seems like VAALCO management will probably win their suit, then announce that no sale is forthcoming, then the hedge fund will liquidate their position, then the share price will drop like a rock.
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IBleedConcrete (99.25) Submitted: 7/09/08 11:25 PM
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90% of the bulls here apparently still don't realize that the recent runup was mainly caused by the potential for company sale, now much less likely since the suit was settled.As a side note, P/S, P/E, P/B, and P/CF are all worse than the overall industry.
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IBleedConcrete (99.25) Submitted: 7/24/08 1:00 PM
How is this a 5 star stock? Looks like it's going to make me plenty more points on the downside.