I got out quite a while back, in July, just not liking what I saw in the dynamic and not having any real reasons for seeing that dynamic...
Since then, the stock has been pounded, with a couple of fairly obvious reasons... the general decline in oil prices, the Russian invasion of Georgia, and the impact that has on the market value of investments in Russia, along with the impact of the deliberate threat Russia intends to the formerly Soviet occupied territories that are now independent countries.
Haven't looked to see what impact the various events have had on the TMY specific developments. I don't expect that Russian posturing threatening pipelines in the Caucus would concern the Chinese investors all that much... as they likely intend to develop alternative deliver methods and routes along with alternative destinations? Still, it might give them some room to work a better deal without blowing the whole thing up? Will start having a look again to see what is going on here that is related to company specifics.
