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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (46449)	2/4/2012 12:40:17 PM
From: Area51	1 Recommendation Read Replies (1) of 79054

HI Madharry, FWIW (and the typical disclaimer of being wrong many times likely applies) I think ATPG is more risky to (naked) short then it is to (naked) long. If they can complete there current project by early 2Q (I believe their recent release was estimating a q1 completion) at 7000 BOE/d which would get their total production to around 31,000 BOE/d I think the current stock-holders will do very well. If they can't I think they may still have some options (restructure-debt and maintain shareholder interest). I have bought a little ATPGP recently (and paid for a significant portion by taking a loss in atpg) so I can't say I am not scared (but sometimes it pays to embrace the fear, and keep positions to a manageable size). We shall see! Probably either short or long is not a bad idea here, just watch the news closely and cover your position if the news is unfavorable for your position. Best Regards, A51

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