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Alias Born 02/23/2006

Re: None

Wednesday, 07/12/2006 9:48:10 PM

Wednesday, July 12, 2006 9:48:10 PM

Post# of 259
I am in total agreement with the poster on Yahoo! who states what I have been saying too among different Hub posts:

<<Msg: 50579 of 50581

Dont mean to be a ballbuster but Omni does not drill for Oil or Gas as such. They drill for seismology companies who drill for OIl companies or speculators. That may initially sound like a downer, but it isnt. They get paid whether anything is found or not. And looking will not stop. For one even a dry hole costs the large oil companies almost nothing as it is a tax deduction against profits. It just gets better and better as you can imagine who and what kind of companies they are looking to purchase. I yield lots of credit to those doing careful graphical analysis of the prices but sorry to say you are really wasting your time. Whether it goes back to fill a gap or not may be helpful to your entry point but this is a long range buy and hold if you really want to make money. >>

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