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: E_K_S who wrote (39098)	9/4/2010 12:49:57 AM
From: Paul Senior	Respond to of 78465

EKS. We amateurs really only do part of what the pro analysts do when they evaluate these companies. Which is, I believe: They try to id a shale play or company early on. They use their knowledge of geology and technical aspects of extracting oil from those formations in order to assess the technical risk. They use their knowledge of petroleum accounting to study the the financial statements of the company--- well-by-well if such info. is available. Doesn't mean amateur analysts can't do okay though. ============================= I'm not detailed enough or astute enough though to seek out and catch the hidden assets that you find that others overlook. I am trying to find the next good oil shale plays that might make the fortunes of small e&p companies though. The Bakken, which I like and am in with several stocks, seems fairly well known now. I use Big Dog's Boom Boom thread as an indicator: If there's lots of discussion on a subject there, it's my signal that being an early entrant to the stock or shale isn't likely for me. One shale area that hasn't garnered much if any interest around here that I like and posted on is Eagle Ford for horizontal drilling possibilities. So I'm one who's buying stock in some companies interested in developing their land holdings there.