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


To: E_K_S who wrote (41152)1/24/2011 12:07:54 PM
From: Paul Senior  Respond to of 78702
 
EKS. Yes, I've got a few shares of SPE.to.

I'm interested in pretty much every small e&p in the Bakken, especially as I say, ones that aren't just limited to only one shale play. SPE is in the Bakken and two other areas, one of which is the Pembina Cardium of Alberta, and I'm interested in e&p companies that are in that area too.

So I am in as of Nov with a small purchase.

Right now I see what looks to me to be much better and/or safer opportunities out there, and so unless I saw something new with the company or the areas (or I get sucked into some frothy enthusiasm over the stock), I'm planning on keeping my position very small.

Stock should do okay though for someody coming in now as a patient investor/speculator.