RE:RE:pre earnings jitters?I agree with you wittmann and would add that commodity based equity investing is frustrating and complicated as you not only need to pick a company that is a winner, you also need to be right on the mid term direction of the commodity price. There has been a pall over the oil and gas equity sectors (with only rare exceptions) as institutional investors are hesitant to bid the share prices up too high to the upper end of the valuation range as there is uncertainty as to the direction of the underlying crude price, which is as a result of the shale oil and gas development and the burgeoning production levels. This first impacts WTI and WCS prices and then Brent. Oil companies such as Bankers are growing production at a fairly rapid rate and generating free cash flow and have a superb balance sheet yet are trading at under 4 times 2014 estimates cash flow. Given the reserves size coupled with the attributes I just mentioned Bankers should be trading at 7 to 8 times cash flow and have a share price about what its 2P NAV is currently which is $7.50. But instead, it has a hard time breaking $4 and it trading at ~$3.25 times 2014 cash flow estimate.