RE: RE: Maybe there IS hope...FOR the record, I don't urge anyone to sell or buy...to hold or dump...merely to be objective about their choice...seems I have struck a chord with you in my last post Shammy... When I first happened upon this board... y'all were all about Gas prices...gas prices... gas prices... and HOW gas prices IN the US and rig count...rig count...rig count (in the US) was going to see PMT share prices rise...LOL...LOL...LOL... and recently... the asnine have decided that maybe PMT could attract an offshore JV intererst...LOL...LOL...LOL... THIS discussion among the thousands... needed a contrarian and someone to add A DOSE OF REALITY... and I am quite okay if that don't jibe with the sunshine YOU try to blow up folks' *sses...
anyway... WE all do as we choose...hindsight is always 20-20... but even before PMT began it's downward drive... I wrote that this ship was headed for the rocks... and I realize that real people... with real money... have lost tons and tons of capital... was it because I offered a diferent opinion than you shammy??? was it because of you Shammy? because of me??? NO... it was because PMT failed the shareholders...
advice says only one thing... be more like me... who am I that I think a bunch of strangers would "be like me"? I do not offer advice... only an opinion... and as always... I suggest EVERYONE do their diligence and develop their own...
The question begs... with PMT... how well do you KNOW the industry... the sectors... junior, intermeidate, senior... independent, integrated, the managment teams...the business models...the history...the plays...how well do you keep up on market drivers? world politics, international trade?...It is all relevant...what about timelines? what is good average production? what defines a deal's metrics?
unless you do your homework...eat, breathe and dream all your doiong is grasping at straws in a BIG dark room filled with straw...
as always it IS my opinion git yer own...