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Monday, January 08, 2007 9:51:12 PM
Here is my case for holding:
The lack of news has made the posters here hysterical.
RM is probably to smart to be a crook and his interest is ultimately aligned with ours.
Given that the average price of oil has risen for the last 5 years and that demand will double in the next 20, that oil is a finite resource, certain pending future scarcity --- not just current supply and demand --- will keep the price of oil high.
There should be more money to be made running an honest company than a fraud, and you don't have to run the risk of spending your decling years in jail.
If BD is screwing us, then they are also screwing a lot of people who can actually do something about it, unless you imagine a fraud of gigantic proportion, but that is just not realistic.
Ok, those are my best reasons for believing. Have to say, though, that I don't get all the lies, an audit they just can't finish, etc. Maybe they just went broke!
I've never seen anything like this. My best hope is that RM is not a crook, understands the oil business, and will produce an audit.
By the way, who do you think is buying shares at the current price with all the problems?
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