Post by
Gulo19 on Jul 13, 2006 7:01pm
Strangely enough ....
I just bought back in today at $8.60 - only a couple thousand - after selling out a few months ago in the $11's. Talk about lucky ...
For ages in the winter i was the only guy posting here ....
There is a chance that the TO price may appreciate as the Mid-east crisis is indeed a crisis, in fact it looks to me that a full scale war is going to occur, as neither side is likely to back down any time soon. I can't see Shiningbank selling off given that it is likely money is going ot pour back into energy plays over the coming days. Today was just stupidity ... "high oil prices will kill the economy, so sell everything ... " Tomorrow there is a darn good chance that the smart money pours into energy issues, including NG wgted. ones, as note NG spot price is climbing in NY in sympathy with crude.
As far a better offer for FE goes, I doubt it, but FE is a good enough asset (with a NG processing plant to boot) that anything is possible.
Comment by
thedave on Jul 13, 2006 7:05pm
wow, been stuck in at about 11 for a while....was thinking to buy more to average it down to about 10, then i would breakeven as of news today. congrats to you.
dave.