40c price target, page-31

Sleep tight with SXY? You must be new to this stock. You would not have said so if you witnessed it one year ago SXY SP plummeted from 0.47 to 0.11, while POO was substantially higher than right now, and at that time SXY had $70M+ cash, no debt, good hedging, higher production, as well as 96mmboe P2 reserve instead of today 77mmboe.

Although I agree in short term SXY looks ok (so are the most OZ oilies), but I believe this stock is seriously manipulated. Management is not so great. The latest hedging was not really good move to me.

I will continue to hold SXY as I am still under water, though almost surface now. GLTAH