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Strategies & Market Trends : Value Investing

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To: Area51 who wrote (17299)8/26/2003 2:38:19 PM
From: Paul Senior  Read Replies (1) of 78732
 
TMR: And another good well hit - according to what I can tell from the very positive Yahoo posters and positive comments on Boom Boom Room thread.

Stock is trading down.

I've increased my position today about 1/3.

finance.yahoo.com

Paul Senior
I don't really know enough about the company or sector to make a judgment whether TMR is a value play or not. They keep finding commercial quantities of gas with their drilling efforts - and apparently consistently. That's got to be good. In past, the stock's traded as high as $6 or $8. If nat. gas prices don't tumble, and if TMR can deliver from the wells, I am betting stock (~4.87/sh) will surpass those levels.

Paul Senior
and I've been wrong many, many times - and that's even in sectors in which I believe I almost know something.
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