RE:RE:RE:RE:as ive statedI took a look at the BC clip; interesting. I agree with Bulabula that the manner in which BC spoke about ES came across poorly. Given ES's success and influence on the industry, for BC to belittle ES's support for TUD and FVL made BC look envious or jealous of ES's impact on the markets.
I think if BC was more specific about why he thinks's those two companies are overvalued, it would have come across better. You shouldn't denigrate someone for talking about companies when they have literally put millions of dollars into them. ES has put his money where his mouth is, and doesn't hide the fact either.
I actually believe that when the three amigos were hitting their highs they were a little ahead of the results. The back-of-my-envelope has them more reasonably priced now based on drilling to date. If subsequent results expand the potential resource then yes, they do deserve higher valuies. But that's just my opinion based on my personal goals for the stock.
Personal objectives and time frames play big roles. If you are a short term trader, maybe today's price is too high. If you're planning to hold for a year, it might be worth picking up additional shares in this current dip. To each his own.
Bulabula wrote: StockAudit wrote:
Based on what? If ES bought at $2.63 he knows alot more than BC-:) I'm always keeping stock in TUD and could care less what anyone says.
By the way BC also mentioned ES but not in a suportive way.