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Re: Jang-A-Lang post# 202

Thursday, 10/02/2008 6:57:24 PM

Thursday, October 02, 2008 6:57:24 PM

Post# of 1177
Ditto on that!I just bought another 250 shares and lost money.This company will be producing 15,000 barrels a day very soon and making all kinds of cash,but now investors are throwing the baby out with the bath water.Everyone needs cash and out goes everything to raise it.I've become cash strapped also,but would buy more if I had a winner to sell into this market.Great company,and anything close to $100 a barrel is just gravey.How can GTE go down i can't explain,in 16 months won't this company be making close to a dollar a share?Every analyist is forecasting 7-8 dollars a share.That is onlya PE of 8.WoW,I guess they must be seeing $45 a barrel in the future.
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