I'm a fundamental investor, and based on the forecast 2014 EPS, the valuation is up in the mid $3 range. This stock appears to have been thrown into the mining services basket and has been shorted like the rest, but I think people are undervaluing the growth in the LNG sector, so I don't categorise this company with the majority of mining services stocks. Knowing little about charts, it does appear the stock has double bottomed which is normally a bullish reversal trend. Pending no disasters with the company or any political backlash to LNG (the opposite is more likely), this stock should be heading back up towards its highs in the foreseeable future. DYOR
AUG Price at posting:
$2.06 Sentiment: None Disclosure: Held