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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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To: Crossy who wrote (34153)3/18/2009 5:36:49 PM
From: Ed Ajootian  Read Replies (1) of 37387
 
Crossy, Endeavour Int'l (END) -- Thanks, that's very encouraging. In a couple of years END will be producing well over half of what Venture is doing now, and it will be interesting to see what kind of value END shares are trading at then.

That of course assumes that END is not sold off by then.

Before we get to that point we need to get through this next borrowing base redetermination though, and I'm kinda spooked by that (plus their high DD&A rate) at this point, so I've blown out about a third of my shares. I'm probably just being paranoid, let's see what happens here...
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