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Gold/Mining/Energy : Talisman Energy Inc. (TLM) -- Ignore unavailable to you. Want to Upgrade?

To: Jim P. who wrote (62)10/27/2008 10:18:35 PM
From: Todd R. Levine  Respond to of 82
 
I jumped in big time. I was gong to buy @ $7.50 but thought it was not going to get there. So I raised the bid to $7.80 and it finally went through. Of course it sank after I bought it. I keep thinking about how low this stock can go? I thought the company was going to buy shares? Long term, I am very happy with my purchase. I can't time the exact bottom. If it keeps going down, I may be forced into buying more! I can't get over how recently it was about $25/share. Amazing. Remember you thought it would tank at about $10. What a crazy world we live in!!! Todd



To: Jim P. who wrote (62)10/27/2008 10:56:24 PM
From: Todd R. Levine  Read Replies (1) | Respond to of 82
 
If I am understanding you properly, it sounds like they should be benefiting from the major exchange rate difference between the US and Canadian dollars. The dividend is a little bummer from my point of view, but the company should benefit from it. I am concerned about the shorter life span of its reserves though. This company has been hammered compared to other oil companies (which are way down too). Todd


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