Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Stream Oil & Gas Ltd SOGAF



GREY:SOGAF - Post by User

Comment by naive_investoron Oct 07, 2013 3:30pm
159 Views
Post# 21797341

RE:Thoughts on the resignation of Mr. Hodgson

RE:Thoughts on the resignation of Mr. HodgsonAlthough the following comment on Stockwatch is dated, this may be the reason why Mr. Hodgson departed: 2013-01-30 17:30 ET - In the News Casey's Energy Report, in its Jan. 16, 2013, issue, says hold Stream Oil & Gas Ltd. (80 cents). The newsletter twice urged subscribers to buy the Albanian explorer, but the instructions did not work out. On Feb. 19, 2010, he said buy Stream Oil, then 66 cents, but do not pay more than 40 cents. It then said buy on July 19, 2010, at 70 cents, but, "Buy under C$0.45." Lukewarm buy ideas such as these are difficult for investors to follow because of the gap between the trading price and the buy price, so we had weak buys that to many meant do not buy at current prices. For portfolio purposes, we did not buy. Casey's Energy Report then said buy on Oct. 26, 2011, at 81 cents. Assuming an investment of $1,000, the holding is worth $978. The writer notes that John Tognetti, head of Haywood Securities, is the largest shareholder in Stream Oil and is constantly increasing his position. The writer, being well connected, is in touch with Mr. Tognetti, but he says the company has zero ability in promoting itself or even generating market awareness. He advises holding mainly because Stream Oil is one of the most undervalued companies of its kind on the TSX Venture Exchange and will probably be taken out by Bankers Petroleum Ltd.
<< Previous
Bullboard Posts
Next >>