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


To: Spekulatius who wrote (39837)10/30/2010 10:39:07 AM
From: Grantcw  Respond to of 78476
 
Thanks for the reply. I see your reasoning on $15/brl for proved reserves and TOT. I'm holding my TOT shares also. It's still looking like a solid long-term play.

I guess the nice thing about holding a large oil company like TOT is that the stock price has been relatively unphased by one-time events like the strikes in Frane at the refineries. I think if TOT were a smaller company, it would have felt a bigger hit, and I'm unaware if the stock has been hit at all by recent events.

cwillyg