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Re: RRainman9999 post# 9721

Wednesday, 04/20/2005 2:13:32 PM

Wednesday, April 20, 2005 2:13:32 PM

Post# of 174967
RRain: RRuff:

RRuff asked you about two posts, one of which was this one.

Posted by: RRainman9999 In reply to: yielddude who wrote msg# 4142 Date:2/11/2005 11:43:03 AM Post # of 4157

BSIC is a master in drilling dry wells...don't know how you can value a company which uses a lot of cash for drilling dry wells.. RR

Your response was "at that time BSIC traded over $2.5 per share..eom"

In actuality, on February 11th ... BSIC traded between $1.00 and $1.10. I have no problem with being critical of a company, but if a person were to later buy it, I would expect a reasonable explanation. Essentially RRuff's question is... How do you go from attacking a company as a "master of drilling dry wells" to one you are now bullish on ... at a HIGHER price? You can't say it is because oil is higher.

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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