GREY:ROAOF - Post by User
Comment by
Hqzuj12on Sep 18, 2008 4:35pm
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Post# 15467904
RE: Sorry, $10 is no bargain
RE: Sorry, $10 is no bargainCan OIL be compared to ITX. Iteration Energy had a $0.62 increase today. They produce 20,000 boe / day with a SP of $4.90. Oilexco 17,000 boe / day with a SP of $9.70. Other than Good40, does anyone here think that Oilexco could be overpriced? I got out of it today and am not touching it for awhile. It was the second or third time I bought lower and sold lower in the last 2 months. It sounds like some of you think it was over-hedged.