RE: RE: RE: 2009Longpen:
I have only offered my thoughts from the perspective of someone who may have owned OPTI shares prior to 3 months ago as it was trading over $8.00/share. I guess from that perspective, one should be happy that they have survived the short term cash crunch. I wouldn't jump to say that 2009 will be a great year.
The details of Nexen's purchase will no doubt shed some light on the operational situation and who knows, maybe it will be a positive for OPTI as they can basically act as a holdings company and rely on Nexen's operational ability.
As I stated in a earlier post, I bought OPTI for the short term based on the volitility and speculation surrounding the stock. In other words, I am gambling. With the sale to Nexen, the short term risk has subsided but the overall long term potential has also been reduced as well.
Whether anyone likes it or not, the advantage currently site with the short term investors in OPTI. It will be a long road to loss recovery for any longs.
Cheers.