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To: Umunhum who wrote (45726)7/13/2005 12:35:51 AM
From: whitepine  Read Replies (2) | Respond to of 206338
 
uhm,

Interesting projection about APC.

In Jan. of '99, after riding BPT down from 18ish to 3ish, I sold. The divy was suspended and the prospects, then, looked bleak. Of course, from today's vantage point, I am king dunce. I never, never would have guessed north of 70 by now!

Curious to learn how you speculatively project future trading prices? Aside from the assumption that everything in the patch can go to the moon, how does one make rational projections of upward price targets, especially since the street's bias against energy is glacial in its rate of change?

wp