I Hope I Get a Chance to Buy Contango Oil & Gas (MCF) Someday

I was reading a presentation that Contango Oil & Gas (MCF) gave recently. This one has been a hedge fund favorite for a few years. Justifiably so, considering the quality of management.

Look at this next slide. Management actually keeps track of the net capital invested in the company.

I'm pretty bearish on natural gas so I'm not a buyer. But I hope I get a chance (another leg down in the market) to buy someday.