LACO stock is over $5, corncob, and the market capitalization is mostly CASH. Some people read balance sheets before they invest.
Swift Energy is trading at 1/2 book value and 1/2 net tang assets.
SFY is the last value in the eagle ford.
No contango monthly market roll risk either, unlike USO.
Now, we have a good ol' fashioned hog roast of the most greedy hogs who failed to get OUT while the gettin' was still good.
I smell bacon.
How many oil and mostly natural gas stocks trade at 50% discounts to net tangible assets ?
I ask ya ?!
Compare the price of natural gas today versus October 1, 2013.
I smell bacon, because the short hogs are beginning to roast inside that increasingly hot barn.
SFY is the last value standing in the eagle ford.
Everything else is priced to perfection.
Demand physical paper shares from your brokers if the shares are in a taxable regular account. Shares not held in a house account cannot be shorted against. If you are a true long term holder, this prevents you from selling a deeply discounted value too soon. Swift could be $50 per share by 2016.
Place automated sell orders on your SFY at prices $20+ per share. Shares with 'sale' orders cannot be shorted against by others. This can be done if both taxable and IRA accounts. As the SFY stock price rises, don't forget to refresh your sale price to $28, $32, etc. Again, this is another nail in the short coffin. LOL
It's called the 8.5 X factor.
SPG book value = $18.69 per share
current stock price $160.19
SPG net tang assets = $5.8 B
market capitalization $49.7 B
both are 8.5 X
Maybe you could write a comedy sitcom, the stock that trades 8.5 X higher than reality.