RE: RE: Eric Nuttall I would imagine that someone will call in this evening and ask him (unless he makes it a top pick again which will answer your question). If it was stupidly cheap at $7.59, it's now 29% stuipidly cheaper at $5.39. That said, I have to admire the fact that he appears so frequently knowing that he's going to come in for a fair amount of abuse. Others would lay low. GLTA
| TOP PICK |
7.590 |
Eric Nuttall |
Eric’s theme tonight is “Getting something for nothing”. Down 40% in 3 months. Market is telling you that these guys could go on vacation for the rest of their careers. You could just produce the wells, collect the cash flow and the value of that proved cash flow is more than the current market cap. You're getting $2.8 million of assets. Stupidly cheap. |
2012-05-16 |