$2.04 is high $1.27 low and a couple in between. it's been my opinion that target prices are just a small piece of the puzzle . the main driving point is an expected 400% increase in BOEPD in 2013 , oil pushing $98 again , each drilled successful well will prove up and add value to acreage ...I dont think it's unreasonable to think that a company with all the cash, oily land,management team , and a potential 400% increase in BOEPD would double it's share price from the current $1.06 ...... actually $2.04 might be conservative ....not on March 8th but maybe by Dec,31,2013 .... JMO
SEA Price at posting:
$1.07 Sentiment: ST Buy Disclosure: Held