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Bobwins

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Bobwins

Re: stock_peeker post# 4429

Thursday, 12/18/2008 1:11:56 PM

Thursday, December 18, 2008 1:11:56 PM

Post# of 17737
I hope that OIL will be able to find a solid buyer like ATPG did. Unfortunately their current production has a short reserve life so that probably won't be what's sold. They will lose one of their new fields. Still have to believe that the company is being severely undervalued.

The volume today suggests that some big players are exiting. I think that Royal Bank of Scotland has given them a short lease but is asking them to payoff their debt. The high fees means the bank is extending but will start squeezing to make it painful for Oilexco NOT to pay them off.

Bad luck that they ended up with RBS AND that oil has sold off so dramatically. Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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