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Trent2

06/22/12 2:39 PM

#279 RE: Wildbilly #271

Thanks for the welcome.

My thoughts on Osage are that it is currently under valued. It seems as if people have lost their heads over the past few weeks because of the completely inconsequential selling of Peter Hoffman. Hoffman's selling (which is actually not very much compared to the total volume traded recently and to his total holdings) should not be driving holders' decisions.

I think if the third well ends up being good, and they figure out the second well, and it, too, is a good one (not great, just good), then this is a $3 - $4 stock with even greater upside.

From a more general perspective, in my opinion, this play is an all-timer, and the results from the companies involved in it and the aggressiveness with which such companies are drilling only solidifies this opinion.