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.

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

To: Paul Senior who wrote (35336)	9/11/2009 4:19:49 AM
From: Madharry	Respond to of 78628

OT classify under rant and rave- zerohedge.com Apparently the crux of the $33 million settlement between BAC and the SEC over the issue of BAC mgmt lying to shareholders about the $5.7 billion in bonusses to ML personnel was: "the lawyers made me do it but Im not waiving atty/ client privilege " I wonder if that would work for criminal cases too. With watchdogs like the SEC its caveat emptor for sure.

To: Paul Senior who wrote (35336)	9/11/2009 2:10:44 PM
From: E_K_S	Read Replies (1) \| Respond to of 78628

Here are the list of companies mentioned in the article you posted. finance.yahoo.com I will put NORTHERN OIL AND GAS (AMEX: NOG) and Brigham Exploration Company (NasdaqGS: BEXP) on my watch list. I already own ERF. ============================================================== New multi year high in my speculative drug company VIVUS Inc. (VVUS). Stock up over 75% in one trading day! Pretty good results from their new obesity drug. cosmos.bcst.yahoo.com I will continue to hold my last couple of shares I bought in at $2.50/share several years ago. I have already taken my seed money off the table. EKS

To: Paul Senior who wrote (35336)	4/1/2010 1:03:31 PM
From: E_K_S	Read Replies (1) \| Respond to of 78628

RE: Northern Oil and Gas, Inc. (NOG) Hi Paul - The article you posted 09/11/2009 titled “The #1 Oil Play in the Country” profiled NOG. This NG explorer & driller continues to make new highs. I tried to buy around $10.50/share on the pullback in February 2010 but missed it. The stock hit $17.00 today. stockgumshoe.com From the article you posted:"...This one is Northern Oil and Gas, a company that was created to capitalize on the Bakken and that rode the fortunes of that basin up and down over the last two years — spiking to $15 a share in 2008 and collapsing to $2 earlier this year. The shares are right now slightly over $7, but close enough. Market cap is now a bit over $250 million, but it’s certainly still small relative to some players, and it’s in the early days of production — the trailing PE is 106, but analysts expect their earnings to double this year and jump a couple hundred percent more in 2010, to 45 cents a share (and no, I have no idea what oil price they’re using to make that 45-cent guess … the low estimate for 2010 is 24 cents, so there’s a wide range). Bloomberg profiled the NOG guys (with a nice swashbuckler photo) back when the Bakken was on the tip of every investor’s tongue in the Spring of 2008, so that’s an interesting read if you want some of the background. And that 120,000 shares that insiders have purchased over the past two years? I wouldn’t put too much weight behind that, most of the insiders have been rabid sellers whenever it got up to $10 a share or so, and they have definitely sold — and been given — a lot more than they’ve bought. And other than that, whatever you think about oil prices is probably something close to what you think about the Bakken and these two “growth plays” — Enerplus is a bit more nuanced, but NOG and BEXP are bets on high oil prices and continued success with horizontal drilling and profitable production in the Williston Basin … more prescient investors would have jumped in when they were in financial turmoil back at the market bottom, but back then most of us thought the world was coming to an end, so jumping on a Bakken wildcatter wasn’t exactly at the front of our minds — the guys at the $12 Trillion Report have been pushing these same companies in previous Bakken teases, and this latest updated version has been circulating for a few weeks now … I never wrote about them before, but I know a good number of my readers tried to ride the Bakken wave, so perhaps they can share their wisdom (hopefully not too hard-earned)...." ============================================================== I think you nibbled at some ERF but did you pick up any Brigham Exploration Company (NasdaqGS: BEXP) or Northern Oil and Gas, Inc. Comm (AMEX: NOG)? finance.yahoo.com EKS