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+--- Thread: InterOil: Ready To Move Sharply Higher (/showthread.php?tid=991)
InterOil: Ready To Move Sharply Higher - Petrovale - 06-19-2012
InterOil: Ready To Move Sharply Higher
June 19, 2012 | about: IOC
InterOil (IOC) is rapidly nearing catalysts which will cause its stock price move sharply higher in the coming weeks. InterOil's fair value is literally multiples higher than its current $66/share. Getting fully up-to-speed on the InterOil story will require some time investment, but if the catalysts unfold as expected over the next few weeks, we believe the stock will move up sharply and trade closer to its current net asset value of over $400/share.
- ValueSleuth - 06-19-2012
The link to this Seeking Alpha article:
http://seekingalpha.com/article/669181-interoil-ready-to-move-sharply-higher?source=email_rt_article_title&ifp=0
This article by Treasure Hunter summarized InterOil's situation and why IOC has been, and still is, GROSSLY UNDERVALUED.
At some point, the undervaluation gap will close, but it is virtually impossible to predict when that will happen. That would require us to predict at what point the rumored sideline money awaiting confirmation of IOC's plan viability and/or the shorts will make their appropriate moves.
So far, so good.
VS