Stone Energy Corp (SGY)
An independent oil and natural gas company engaged in the acquisition and exploration, development, operation and production of oil and gas properties located in the Gulf of Mexico.
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Low P/E Ratio 0.80
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Good conference presentation.
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SGY a classic EPS Upward Momentum stock.
Momentum – Stone Energy Corp. (NYSE: SGY - News)
Stone Energy Corp. is posting huge gains as estimates continue to surge.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
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energy
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Oil and gasoline are in short supply coming out of summer usage
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insider buying
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Very undervalued
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New discoveries, Energy is up, I put this stock up.
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SGY has been beaten down severely, largely due to their debt load. Exploration success has been pretty dreadful over the past few years. However, the recent Pyrenees discovery in the Garden Banks area of the Gulf of Mexico is significant, and is likely to be larger than announced. In addition, Stone and partners have acquired a very material position nearby. Pyrenees, while not guaranteeing success of course, reduces risk on those additional prospects, with potentially very high reserve volumes.
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Undervalued energy play. Recent discoveries.
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hopefully the storms are over
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are you kidding only 8$?
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It may just a stone now but soon it shall rise and become a mountain.
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On the rise...
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strong fundamentals. this stock is beat down and has been making a move upward and should continue especially as the world economy turns back around.
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news coming out soon, BIG bounce to follow.
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Absurdly low given its P/E. Strong fundamentals, for a under $10 stock I think its worth a shot.
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