InvestorsHub Logo
Followers 2
Posts 21
Boards Moderated 0
Alias Born 12/15/2007

Re: flnd hrchen post# 11115

Thursday, 02/21/2008 5:58:18 PM

Thursday, February 21, 2008 5:58:18 PM

Post# of 17503
Isn't a big part of today's sell-off a matter of people doing the math in regards to the 50-60 barrels a day at $100 per barrel for 365 days and figuring out that they still have no idea what the stock should really be worth since there is no O/S disclosure to finish the PE formula?
I was ready to hit sell on the PR yesterday too when I figured gross was $1.8MM. Doesn't seem like much money, but hopefully the O/S isn't 1B, and the production will continue to grow. Gonna hold my shares and let the dust settle until share structure is revealed. May even double-down again if it drifts any lower. It's only money.

Just my opinion.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.