Big Dog's Boom Boom Room Message Board

STOCKTALK

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.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ed Ajootian who wrote (96541)	2/8/2008 2:40:18 AM
From: upanddown	Read Replies (1) of 206212

Ed Thanks for your response. I guess I (and the other forlorn EPEX holders) were hoping for a ray of light here but maybe what we really needed was a bucket of cold water over our heads. Like most of the people around here, I really don't understand how to value an E&P like EPEX. It just seems cheap even when there are good and valid reasons for it being so cheap. We will probably just hang in there for a while since it is so beaten down. It just seems like something good has to happen. One thing I like is that the insiders (basically Elias and Long) have virtually no personal holdings, well under 1%. EPEX has huge institutional holdings for both the common and pfd and they have to be furious with this miserable performance by management. It just seems like there has to be either a housecleaning or an outright sale and either one, IMO, should be good for shareholders. Another thing I don't understand is how value-oriented mutual funds could have paid 2,3 or 4 times the current price. Wouldn't they have been looking at the same metrics as you? Thanks again for your input. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next