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

To: ValueGuy who wrote (42138)	4/4/2011 10:14:43 AM
From: Spekulatius	Respond to of 78688

re DBLE - I had them on my watchlist for a long time. based on what I read, I would not put them in the "astute management" bucket. They used to do coal bed methane (very high operating costs) and some high impact elephant exploration that never took off. Has something changed on is just the recent E&P Mania that drove the stock up?

To: ValueGuy who wrote (42138)	4/4/2011 10:32:00 AM
From: Madharry	Read Replies (1) \| Respond to of 78688

I took a small position based up someone else advice. i really know very little about it. all i know is that that they do have some significant oil play acerage that someone thinks is now valuable. I certainly would not rely on my purchase as any kind of guidance that this will work out. I am pretty much an ignoramus when it comes to energy plays. I am significantly more confident in selecting mining plays. I pretty much like to follow an industry insider into a company, or stick with people who have been successful before. I am now trying to extrapolate a bit by following successful energy investors into their selections as I do i want to be invested in that space.