This is getting ridiculous. PPS is way too low at the moment. Under 4 $ it's a bargain. But let's see where MHR is beginning 2013. I think 5.50 $ is more likely than 3 $ !
Sentiment: Strong Buy
GE called the valuation RIDICULOUS in his presentation
(text with last slide (summary))
By what matric are you using that would tell you that MHR is undervalued ? tia
his "gut" feel.
I'm a buyer under 4. Too many positive events on the horizon. Also love the D's. monthly dividend and trading below par.