Replies to post #2031 on Chelsea Oil and Gas Ltd. (fka COGLF)

[wz9ytp]

One thing I don't understand....
EXXI declared a divy of $3.51 on their preferred EXIXF. Those prefs are being bought back by the company and are being retired. O/s on those went from 810k to 790k in a couple of months. And they're selling for $20 as of today.

Why isn't everybody all over these shares? Liquidation value of $250......

I'll be on the bid again today...

[Belek]

from my Oil & Energy insider premium edition

also CVX and EOG

As bad as oil looks today, there are some oil stocks that the market is telling me still look fabulous. One of them is undoubtedly Hess. I am recommending a buy at $58, as oil flashes below $40 a barrel.