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Strategies & Market Trends : Ride the Tiger with CD

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To: marcos who wrote (160284)5/24/2009 6:31:09 PM
From: LoneClone  Read Replies (1) of 313059
 
Marcos, I just came across this nugget about Ithaca on another board from a normally reliable poster.

Fast forward to last Friday when the stock zoomed all the way up to C71 cents on a very strong belief that with the sub pump now operational, the Jacky production may well be around 13,000 bopd (the well flowed 8,800 bopd initially on its own, well over the hoped for 7,500 bopd).

If this is true, it is even more undervalued than we thought.

LC
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