for all my australian kangeroo and croc's visit www.saadvisory.com and review the initial recommendation on sea on or about July 1, 2010 @ .16 -- we have continued to call sea our favorite shale play in the niobrara and Bakken- even in the most current email alert we continue too rate sea with our strongest buy rating- we have not been paid for recommendation. In our opinion sea is a wealth builder and have very little concern about the recent raise- yes, it is dilutive but the ramping up of development of valued properties easily out weigh the additional shares. Australian investors should appreciate that institution just put a quick $18 million in this company @.50 when only 4 months ago the stock was .16! Strong buy short and long term with the potential of a buyout proposal within 12-24 months and our target is around $1.50 current position 200k
SEA Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held