Samson Oil & Gas (NYSEMKT:SSN)

OwnershipSociety (< 20) Submitted: 8/23/2010 10:58:54 AM : Start Price: $1.21 SSN Score: -113.52

Drastically undervalued based on a conservative analysis of the production capability of its real assets and proven reserves by the market, likely due to its annual statements from last year portraying this company as in poor financial condition.The fact is that, barring any catastrophic crash in oil prices that would cause a slowdown in the development of new production, they will be able to secure a deal to raise cash and maintain royalties in exchange for some of their land and have increased production immensely over the past couple of quarters.Look for a bump in the stock price after they present in Denver on the 24th.