A rep from Jeffries was on early morn CNBC touting 3 selections in micro-cap (less than $500M) energy companies. He chose EPL, a GOM company growing at >20%/yr, selling at <3 1/2 times projected 04 CF. REM slightly over $500M...Views?
It looks like it really doesn`t matter what anyone says about REM or the actual ops.Someone doesn`t like the company and is going out of their way to sell down the shares eveytime it makes a decent rally attempt.It will be interesting to see the short interest numbers whenever they come out.
Just another buying oportunity for me in what I consider well run company.