OTCPK:TLSMF - Post by User
Comment by
Ahsanon Nov 16, 2011 2:48pm
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Post# 19242539
RE: Brent crude oil forward months rally on Iran f
RE: Brent crude oil forward months rally on Iran fi have a feeling talisman might even get acquired. the stock should be nothing less than $16 and here it is trading at 14.50 when oil is above 100. totally outrageous. true they had 2 bad quarters but last quarter was decent. i mean seriously its talisman energy. been around for 30 years. i wouldnt be surprised if exxon mobil (xom) or some chinese company takes them out. not that expensive too. its 14.6 Billion now. to acquire probably 20 - 22 billion. i guess market will learn soon enough that when u make companies too cheap and when market itself is inefficient that there are ppl out there who basically rip shareholders off by buying these companies and their assets dirt cheap.
look at gce for example. 3.50 to 5 basically why. bad quarters and copper price going down by 0.60 from its highs. guess what happens in 3 - 4 months. acquired at 10. bnk is another example. only if the CEO would just sell the damn company. unfortunately thats how the market works. oh yeah dont forget the huge insider buys of tlm at 15 - 16.50. some bought at 12 too.