May. 8 at 4:36 PM
$SM Quite simply. If SM were to achieve another 3Q of just the current non-GAAP result, we are at a P/E of 4.73. Even a llama would probably understand that it won't be like that. Even if Iran surrendered and ships raced through the strait, this is an absolutely absurdly low valuation. And I think the arguments about debt are odd, because the company will pay it off very quickly. I think it is a great investment opportunity. I am already making decent money from it and I think it will be even better.
