Looking at the Key Statistics ending 2012, versus 2011..I think folks are grossly underestimating what the numbers
will do with the debt paydown and the impact of TPG on operational costs. Add to the mix, it very much appears that natgas has come off the bottom....= solid upside bias. Fully expecting a healthy gain in valuation over the next few quarters...plus the high probability of a future sale.
it's very simple. what has sd in this position is the fact that tom ward is still on board and tpg can't speak out. i look for $6 within 30 days of ward's departure. tpg will manage costs and spend capex as though they have a brain - something you could never accuse tom ward of doing. management's credibility is holding this stock back. give the street a few weeks to assess tpg and we will see the true uptick starting.