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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: CusterInvestor who wrote (110225)	9/25/2008 8:29:44 AM
From: Ed Ajootian	Respond to of 206085

bigpike, Ram Energy (RAME) -- I've largely given up on this one, and own only a fraction of what I did at the peak. Hard to figure why the market dislikes this story so much, but with my current attitude of financial austerity, the mere fact that I didn't understand why the stock was tanking was enough to induce me to blow most of it out. Its still on my "Christmas shopping list", to potentially buy some of it back once tax-loss selling season is over. Dan Steffens of energyprospectus updated his earnings projections on RAME after yesterday's news and he is still calling for 4Q annualized cash flow of around a buck a share based on $100 oil, $7.50 gas.