Re: Confession
in response to
by
posted on
Oct 10, 2008 08:00AM
(Edit this message through the "fast facts" section)
Houston,
That's pretty solid that were able to get your average down by that much. We have helped up pretty well. I wonder what the shorts are on qec? I am sure there must be some shorters, but last little while there has been a lot of institutional buyers. I guess if anything, if shorters don't put up stop-buys, then with good results, we could see even additional buying pressure. Anywho, we'll wait and see. I have contacted TLM on more info for the Lorraine shale. I'll be honest on that I don't know too much about it...so I asked him what we know and what the prospects look like...basically asking them to defend their position on what makes it so prospective. So I'll post that when I get the info!:)
I was thinking about some of the majors using the oppurtunity to snatch up the jrs for pennies, but I guess they won't try knowing they might get laughed at...what scary is that what if we were in the market enviornment we are now but we never had any forest or tlm results....I mean being offered $2-3 a share might seem like shareholders would have went for it because we would still be trading around the $0.50 level like we were...so thank god for the news ahaha.
Rocco