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Re: Ghart post# 7073

Tuesday, 10/14/2014 4:02:35 PM

Tuesday, October 14, 2014 4:02:35 PM

Post# of 14845
I have thought for a couple years they have a great business model and are in a unique market. I see the need for high speed internet in the fields as not going away unless the field is shut down and all employees leave. I am not as concerned about the cost per barrel as you are. Once you rely on high speed data, its hard to not have it. (Try using Dial Up now! lol) I think if production decreased, as long as its operating, they need high speed data.

All the talk weeks ago about the low OS structure. We have to remember they did a 400 for 1 RS to get it that way. Just hoping its not a wash, rinse and repeat. Even though Dean said he would not vote for a RS, he may be the lone one who doesnt so it wont matter.

Funny thing, This was the one company who i really believed in that was not your run of the mill OTC.

Also... I dont think oil prices will drop much less than 80 per barrel. Any issues with oil fields in Syria or Iraq, even Libya will change things, and even with OPEC in disagreement they still have some control over price and quantity available. Getting Pump gas at 3.00 and staying there will help the economy.