Quote from Cramer garbage "The reality is that, based on its current price in relation to its earnings, PGH is still more expensive than most of the other companies in its industry." Compared to who? Line, Chk, Erf, none of them HAVE an EPS trailing 12 mo, because they lost money! Poor analysis as usual.
There is the longer term Warren Buffet type of investor, and the fast money momentum (Cramer) type. You need to find what type works for you. I'm not good at beating the thousands of MBAs running the fast money games-- dark pools, algorithms, high freq, support busting... on and on it goes. This stock is for the Buffet types who want to get paid 8%+ to wait for this company's stock to revert back to its mean value of ~$9.00
Personally, I hope they can drive it back around $4 so I can reload.
This is short term thinking on Cramer. PGH management has gone from a Canadian Royalty. Different tax structure. Lowered the percentage of rev coming from NG and more oil and liquids. INVESTING in a new facility and having the guts to take a hard hit to earnings to do it and issued shared to fund it. Cramer is also forgetting all the large insider buying this year and no selling ! Grief. He is typical of WS types with the quarterly mentality.