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


To: Ed Ajootian who wrote (116338)1/9/2009 10:44:11 AM
From: Amark$p2 Recommendations  Read Replies (1) | Respond to of 206191
 
Ed, could you please update your BPZ spreadsheet in regard to your comment
"> BZP gets WTI Index price less $10/bbl per contract"

Spreadsheet name: Income Statements 2006 - 2009 --- EA MODIFIED from Dan Steffens

Per el viejo comments on today's news release:

"You people have missed the most important point in this news release. According to Manolo the contract only has a one dollar per barrel discount from the basket of crude pricing formula that has been in use since they began selling oil in late 2007. The discount was previously much higher, three or four dollars as I recall. This new formula at last recognizes the desirable characteristics of this particular crude which has a very high middle distillate cut. "

Please advise whether your "> BZP gets WTI Index price less $10/bbl per contract" comment is still accurate.

Thanks.



To: Ed Ajootian who wrote (116338)1/15/2009 9:45:18 AM
From: chris714  Read Replies (1) | Respond to of 206191
 
Hello Ed...I'm considering buying some BPZ into this selloff, probably selling March 5 Puts.
I noticed that you were positive on the stock a few weeks ago..has anything happened since that would change your opinion?

Thanks