SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Suma who wrote (24838)9/15/2006 1:33:45 PM
From: Madharry  Read Replies (1) of 78750
 
what is your point? Wolf of Mcdep.com who surely knows more about this business than I and most here has an NPV of $100 on it. I think he is assuming $60 oil. Unless you are on margin or selling tomorrow does it really matter?

The much maligned Cramer frequently suggests spacing ones purchases and sales in order to avoid the pain of filling one's entire position only to see the stock price decline another 20%.
The price going down doesnt mean the value isnt there. I think all the energy companies are being treated like dot.coms or homebuilders. As if suddenly the worlds energy needs will be in decline. I am currently underwater on most of my portfolio except for ffh ostk and a couple of others. Not quite ready to throw in the towel on energy and miners though.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext