InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,430.40
(
0.14%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.54
(
-0.18%
)
Bitcoin
65,145.93
(
0.27%
)
Post# of 2998
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

B P

Send PM Follow Ignore
Followers 0
Posts 8
Boards Moderated 0
Alias Born 08/28/2011

B P

Re: steamoil post# 1633

Monday, 08/29/2011 2:10:53 PM

Monday, August 29, 2011 2:10:53 PM

Post# of 2998
Keep in mind that UTOG is transitioning. When the previous CEO took over, they were an acquisition company. He was skilled in acquisitions but not so much in production. Now that they are working to pull oil out of the ground, they are an oil production company and that requires a different set of skills.

This may also explain why UTOG rapidly acquired so many properties in such a short time without developing any of them.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up