GREY:TBTEF - Post by User
Comment by
bshort92on Aug 17, 2015 8:04pm
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Post# 24026176
RE:You may like it or not
RE:You may like it or notPWT like TBE is a grease fire. However at least they trade at over $1 a share.They were run into the ground by the previous (Nunns) regime. Two of its top VP's during the last part of that era are now with TBE. On their watch TBE has gone from app. $1.80 a share to today's .35. They really do possess the golden touch any where they go! The way some posters look at it they believe that TBE's management is doing all the right things by defending the balance sheet. Both firms might make it then again both might go bye bye. Both are perceived of as toxic by most analysts. Investing in either is a waste, in my view, for the next year or so. Stay away from energy until some world leader makes the highly likely prediction statement down the line later this year perhaps next that ISIS can not be defeated and that they are setting their sights on Saudi Arabia. The US and western Europe are probably not going to to be in the mood or postion to intervene on the Saudi's behalf. That statement would change the world wide oil dynamic. Then again if nothing happens a wave of M&A will consolidate change in the WCSB.How that unfolds is anyones guess but the survivors will probably not be PWT or TBE.