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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Grommit who wrote (28930)	11/10/2007 10:31:43 AM
From: anializer	Respond to of 78670

I tend to agree with you. A look at the past quarter is fine and dandy, but the forward look impresses me as positive. The market seemed to over react on a poor general market day to a report that is now dead and buried history representing a backward look in time. The dividend is sustainable at a good rate, and the potential for growth, development of reserves, increased production, and improved crack spreads going forward look fine to me. If I see any more carnage in the price action next week, I would likely add a little more.