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


To: Madharry who wrote (48696)7/11/2012 6:35:47 PM
From: Paul Senior  Read Replies (1) | Respond to of 78659
 
SSN: Yes, I still own shares of this Aussie oil company that does business in the USA.

I have reduced the relatively outsize position I've been holding though as the stock has fallen. In its place I have somewhat increased the number of shares I'm holding of Colombian oil companies. I like a few of these Colombians better at this time because they are actually producing good quantities of oil, and look to me to be values based on a flowing-barrel metric. (vs. some like SSN in the Niobrara/Bakkens which have potential with their land holdings, but not so much actual oil production yet.)

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