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Steven Ward » Comments » CMZ

  • Compton Petroleum: Asset Sales Misses Target [View article]
    So much for CMZ's own valuation of $19.00 per share just 18 months ago on lower gas prices.Apparently, some unconventional properties in CMZ's portfolio are not valued by the open market as much as CMZ thought them to be.

    When the stock hit high 7's and low 8's my valuation model put it at 12.00 to 14.00 Canadian per share. And we are there. The only need to hold is in the hope of a small miracle, otherwise sell now.
    Jul 01 10:09 am |Rating: 0 0 |Link to Comment
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