RE:RE:OBE Q2 Reflectionsthetruth54 wrote: Not to be a downer as I am long Obe for many years. But to counter the point of your post :Wti is up 17.6% and Obe is up only 10.32 percent ytd. That is a horrendous comment on Loukas's ability to create shareholder value. When you can't even match the underlying commodity price you have failed your investors. Compounding that is the fact that there is no dividend and the investment opportunity lost in waiting in this bull market is severe. Believe me it brings me no joy to post this truth but I feel the pain of all Obe investors who have been totally dissapointed in this fact that has gone on way to long.
have to counter your arguement ....been a shareholder her for 6 months ....bigh low , sell high
This compny rocks and if they can increase production to 50,000BPD ...look out hight teens to maybe even 20