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Leirum

06/30/10 12:22 PM

#4041 RE: Bobblehead #4040

The stock is trading around the level you would pay for a Shell. From this point of view one could not put the label expensive on this stock. But to get the stock moving, it is clear, one need to see something: Earnings-Guidance, signing of new attractive leases and the best would be leases, where the company could use the proven reserves as asset, means you have to produce.
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pinkslipjunkie

06/30/10 2:00 PM

#4043 RE: Bobblehead #4040

My opinion is yes, it has hit the bottom, IMO of course, and why I say that is by looking at the history chart.