SI
SI
discoversearch

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 : Beat The Street With SI Traders -- Ignore unavailable to you. Want to Upgrade?


To: Metacomet who wrote (29437)2/11/2010 5:23:51 PM
From: kidl3 Recommendations  Read Replies (1) | Respond to of 233916
 
OT after hours post ...
>>>PBG has always been the classic TA showpiece.

Their fundamentals in the oil sands remain inferior to CLL, but herd behavior based on charts and marketing hype has made some folks a lot of money.

THAI has never worked but the idea of heating the sand for nothing has worked like an alchemists dream on the shares.<<<

Metacomet, I just knew you would chime in. Let me just say this:

If you would take the time to analyse the PBG share price you would find out that there is zero or near zero value attributed to the oil sands or THAI.

A good comparison to a miner which is valued based on current production with no value given to potential resource expansion.

PBG will do just fine even if THAI fails. THAI the icing on the cake. I don't see much icing on the CLL cake unless POO goest much higher.

This whole argument about PBG is somewhat silly as it's based on emotions. The chart, the P&L and the balance sheet speak for themselves.

Cheers