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Strategies & Market Trends : Value Investing

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To: ValueGuy who wrote (42138)4/4/2011 10:32:00 AM
From: Madharry  Read Replies (1) of 78704
 
I took a small position based up someone else advice. i really know very little about it. all i know is that that they do have some significant oil play acerage that someone thinks is now valuable.
I certainly would not rely on my purchase as any kind of guidance that this will work out. I am pretty much an ignoramus when it comes to energy plays. I am significantly more confident in selecting mining plays. I pretty much like to follow an industry insider into a company, or stick with people who have been successful before. I am now trying to extrapolate a bit by following successful energy investors into their selections as I do i want to be invested in that space.
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