your response #2 makes me sick: i've heard the double-bottom, triple-bottom, quad-bottom, quintuple-bottom, and about every other EXCUSE for a 'bottom' you can imagine, and your response #3 - as you would say - 'Duh' - do you think they would forecast a loss well before it (would) come out on an annual or quarterley report ? Think about it - 'uhhhh, yeah, we foresee a loss in the 2nd qtr of this year'. Gee, what would predicting a loss 'before its' time' do to the stock ?
will they post a loss ? i doubt it, but...... I personally don't know what it takes to run an Oil company, and i don't expect any of us on this thread do, either.
GLM IS a great buy - even at 8 3/16, as the upside potential far outweighs the downside potential, but i do expect to see mid-7's, but like all of you, i could be wrong.
The big question is, do you want to tie up capital here, or swing for a homerun on another (tech) stock until the OSX turns back around ??
Just my opinions, of course. |
