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To: CommanderCricket who wrote (156313)8/30/2011 10:28:19 AM
From: Mark Mandel  Read Replies (1) | Respond to of 206121
 
News will hopefully make the FXEN Sept $5 Puts safer for worthless expiration ;)



To: CommanderCricket who wrote (156313)8/30/2011 11:20:19 AM
From: katytrader  Respond to of 206121
 
re FXEN, this is one of the reasons I bought FXEN (too soon) Also a few weeks ago someone posted news which said that the Polish authorities ok'ed an increase in gas price. The Poles really do want to be independent of Gazprom; they will not be fickle from a regulatory perspective. FXEN just needs to bring up the gas.

katytrader



To: CommanderCricket who wrote (156313)8/30/2011 12:52:35 PM
From: MIRU  Read Replies (1) | Respond to of 206121
 
CC,

Good for FXEN to have the Polish government wanting drilling and not putting barriers in the way.

I own FXEN as a bargain (hopefully) on the recent break. However, we should keep in mind that FXEN caused a stir a few years ago but ultimately nothing happened due to the glacial lukewarm indifference of the Polish government. These guys aren't Texans. And an 11 page article (admittedly shale-oriented) in O&G Investor month before last didn't mention FXEN at all. And pointed out that despite the obvious motivation to develop gas in Poland, all the government guys were quite pessimistic.This may be the kind of stock you sell on the other guy's enthusiasm.