Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tom pope who wrote (118539)	3/4/2009 12:36:05 PM
From: wherry	Read Replies (1) \| Respond to of 206146

Yes, it is still my biggest holding. Sometimes one can only be in a state of complete disbelief at the valuation given by the market to a financially safe, well hedged, reputable "blue chip" outfit. At base, I suppose, all oil and gas firms are plays on energy prices. There must be more investors who expect oil to go to $20, than to $60. It is a candidate for a margin purchase - if one can borrow at around 5% and get a tax deduction, and receive better than 25% (taxable), how silly is that? Regards, Tony.

To: tom pope who wrote (118539)	3/4/2009 12:42:55 PM
From: Travis_Bickle	Respond to of 206146

It's holding up pretty well given it got one, maybe two downgrades this morning. I filled out a position in it today.