Sunseeker -

Thanks for reminding me of Moriarity. I was mad at the venom he directed at MEO. After his article the share price jumped (because they actually started the drilling even though Bob said they wouldn't). Perhaps MEO management was finally shamed into action. In retrospect, I wish I had followed his advice and sold it all (even before the run-up). That money could have gone to almost any place else and done better.

Bob was right. The company has been mismanaged and have not come through any of their promises (since the drilling stopped). Many of us have lost real money on this stock. Their current "plan of action: makes no sense. This may not be a deliberate scam but the loss feels just as bad.

- Panamax