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Re: Investorman post# 65

Thursday, 10/07/2010 12:08:48 PM

Thursday, October 07, 2010 12:08:48 PM

Post# of 206
did i say it was a bad investment?

Bar1080:

"this <<<could>>> be a great investment. but unless you studied the 10k and ipo documents and did 'what if' scenarios in excel and have a degree in math from mit >>> then you really cant say.


its like a long term bond with a call option on oil prices. many people see oil as a hard asset like gold. so with low interest rates and rising oil prices things have really gone its way.

ive always stayed miles away from the many exploration deals ive been offered and never regretted that. most of the private ones go to zero, and quickly.

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