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TuMaRu

04/29/21 11:33 PM

#121 RE: The Value Investor #120

Why do you post meaningless messages? That too to yourself?? Whats interesting about KOS and why?

This stock has lagged all the oil tickers in the 2021 rebound thus far, I would stay away from it. Its a wildcatter, i.e. they make crazy bets on way out assets that mostly turn up empty. CEO Inglis has been one of the worst in the industry, these are the kinds of gambler types that destroy companies. Reminds me of Oasis, Denbury, Gulfport and countless others that went Ch. 11 last year, with 0 accountability on the part of crooked C-suite management that often lies to investors.

Kosmos track record is just horrible, hence the stock is where it is. In prior posts, I listed some oil stocks that will do much better than KOS in the post-pandemic era.