Samson Oil & Gas (NYSEMKT:SSN)

CAPS Rating: 3 out of 5

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1
Player Avatar buffalonate (95.89) Submitted: 4/5/2011 10:55:42 AM : Underperform Start Price: $3.94 SSN Score: +16.15

overpriced

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Member Avatar verismotex (< 20) Submitted: 4/6/2011 10:57:40 AM
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I see a lot of people very down on this stock right now. I think this is a hold, and will end up in the $10 area in a year or so--- of course, you should take some profit along the way. And remember--- you cannot look at these little start up companies like you do the big boys. You have to look at how much $$ is coming in, of course. And SSN has minority interest in numerous wells in the Bakken in N Dakota. Receiving revenue from these. Sold off a large chunk of Niobrara to CHK and kept 4.8% royality. Has US$73 million in the bank-- and zero debt as of next month. With Bakken $$ coming in, and the 16,000 acres in the Niobrara they kept 100% interest in, SSN will head up in the long term.

If you don't own it-- buy on dips. If you do-- hold it.

And go to their website-- read everything ,and get on their e-mail list.

www.samsonoilandgas.com.au

Member Avatar verismotex (< 20) Submitted: 4/6/2011 11:09:56 AM
Recs: 0

I see a lot of people very down on this stock right now. I think this is a hold, and will end up in the $10 area in a year or so--- of course, you should take some profit along the way. And remember--- you cannot look at these little start up companies like you do the big boys. You have to look at how much $$ is coming in, of course. And SSN has minority interest in numerous wells in the Bakken in N Dakota. Receiving revenue from these. Sold off a large chunk of Niobrara to CHK and kept 4.8% royality. Has US$73 million in the bank-- and zero debt as of next month. With Bakken $$ coming in, and the 16,000 acres in the Niobrara they kept 100% interest in, SSN will head up in the long term.

If you don't own it-- buy on dips. If you do-- hold it.

And go to their website-- read everything ,and get on their e-mail list.

www.samsonoilandgas.com.au

Member Avatar MichaelDSimms (< 20) Submitted: 1/23/2012 11:43:38 PM
Recs: 0

I like to see this old posts. buffalonate - was correct 3.94 was over priced at the time of his posting.
verismotex - was wrong this stock will not likely be at $10 by April. Even if we have a full blockage of the Strait of Hormuz by Iran. Still at the current price of 2.21 it seems like a decent buy.

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