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downsideup

01/06/10 5:00 AM

#1287 RE: xiws #1286

I agree. I still find it a benefit, though, rather than a problem, that they DO tend to focus on the business of getting things done, like they said they would, more than they focus on the business of generating fluff PR about many things other than the fact of going about getting things done.

The management here know what they are doing... and they are going about doing it the way it should be done. That is what you get as the takeaway message from a close look at what the approach they have means, I think. If you want your hand held with a steady stream of upbeat PR fluff... I don't think that is ever going to happen here. I expect that is because they aren't really all that interested in pumping the stock, or investors expectations, in the short term just to help out some few short term traders... and are more than willing to allow the value their effort does create to be recognized in the time it takes for it to be recognized. The approach is one that appeals to investors... who value solid management and that longer term focus... more than traders... who likely won't.

Still, it will be nice when we do get to hear about the results of their current efforts, and it will be nice when we get to see that sort of news of results more and more often, with the impact of acceleration in the pace that successes in the current and next few rounds will enable. Things HAVE moved more or less like molasses here for a while... the pace in PR reflects that correctly... and minding the knitting really well while executing the plan perfectly just isn't all that great as a source for generating big sexy news that traders love.

They had the right plan for last year, and still have the right plan from here. I haven't been expecting the plan they have will pay off before it can... but, I do expect it will pay off in the time it should... with that time beginning pretty soon, right about now.

JMHO


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Bruce the Stock Guy

01/06/10 10:03 AM

#1288 RE: xiws #1286

It really doesn't matter how much oil the world needs<<<<<<<<<<<<<<<<<<<<<<In the long term it does..This one isnt a daytrade..We have the makings of a perfect storm brewing here..Dilution of the dollar..Possible disruption of oil supplies..Worldwide production peaked..Oil speculators..and Daybreak on the verge of profitibility! We can easily blow through $1.00!
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maverick one

01/06/10 3:19 PM

#1289 RE: xiws #1286

Nice points...I would like to see BOE's go up with the multiple partners splitting profits that would be a big thing for Daybreak to get their ouput boosted and raise their split of profit. Think they will do just that...with new facilities being constructed.

If war was to break out yeah so what oil would go up...but would my shareprice go up immediately just because oil went up on spot market? I know we would all pay for it in the pumps on a daily basis, but how much would it affect my stock investment short term?

That's why I don't care what happens over there I have more than enough money to pay for gas really it's a moot point for me. I wouldn't give a crap even if it hit 10.00 a gallon from my debit card. What I care about is my stock investment and activities from our CEO and management regarding specifically Daybreak building BOE counts up.

People will say oh well our oil will rise in value etc immediately...yeah maybe. But, like everything else it will go back down. I am focused here on Daybreak, Chevron, getting higher barrel counts, prospecting on our leases etc. The middle east to me is a side show I don't pay attention to it nore interested in what happens in Kern County than some sheikdom.