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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (22902)3/13/2005 3:45:16 AM
From: whitepine  Respond to of 23153
 
ep,

Yes, but VKR hasn't been sterling either.

Point of my discussion is that if/when the CRT's decline, one can lose a lot of capital. Speculate what might happen if average oil/gas CRT reverted to the average price for the last 4 years. Big loss, no?

Been there done that. I held BNP when it declined from 18 to less than 4 and stopped paying a divy. Yup, sold .....and never bought again. At that time, I just couldn't figure it out. Price action, BTW, was driven by FA. Price of CL fell.

wp