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kipp440

11/13/07 9:02 AM

#87280 RE: utcheevis #87277

utcheevis - This board was founded to find value microcap investments. We like TXCO and CXPO.OB as undervalued oil/gas investments. Speculative trading is not what interests people here.

Kipp

lentinman

11/13/07 2:34 PM

#87347 RE: utcheevis #87277

Utcheevis: Shorting Oil:

Here is a great article on the subject that came out after your post.

http://www.thestreet.com/_yahoo/newsanalysis/energy-and-technology/10389811.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

It would have been better to short it at $97 or $98 or whatever it got to, but as one who believes oil is INSANELY overpriced based on fundamentals, it's only a matter of time before it corrects to a price it should be (Iran wildcard exception).

Len