RFE is without a doubt the most frustrating stock I have ever owned.
The company has a fantastic resource, it is already producing and generating revenues. It is debt free and has good cash reserves. It is in the middle of a sweet spot, with the market all abuzz about the hot topic of Shale-Gas.
But we have a management team that seems to be unable to drive the projects forward and take advantage of what they have at their disposal. Worse, they can't seem to achieve the goals that they have themselves established.
The best analogy I can make is that it's a turbocharged V8 being driven by a 90 year old lady with astigmatism, on her way to church.
DP, put your foot down or get out and let someone else drive, who knows how!
RFE Price at posting:
78.5¢ Sentiment: None Disclosure: Held