JULY 24, 2008 (Dow down 283) - After a day like this we want to find stocks that will benefit from falling gasoline prices, like Disney (DIS) and Tupperware (TUP). Natural gas prices will bottom at $8 mcf.
good value stock in this market - natural gas prices are cheap in relation to the price of oil - gas producer sells at a discount valuation to its peers - is the largest player in the Barnett Shale and has very low cost reserves in the Gulf - hurricane activity this year could cause a spike in gas prices - 1st cold snap this winter could send gas to $10 - stock is sold out by fund managers - has enormous up side - could have a break-up value $13 above its current price
26.56
0.00%
06/14/06
next day close
28.38
+6.85%
11/20/06
CEO interviewed - natural gas market uncertain - has one of biggest acreage positions in the Barmett Shale - can't say why gas bottomed - Cramer says he is not a bull on natural gas - don't buy
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