RE:RE:MARKET CALL NEXT WEEKListen to Warren Buffet instead. For some, the markets are a voting machine based on nothing but irrational sentiment and expectations. For others it's a measuring machine. based on reliable metrics. My own key metric is netbacks (selling price minus break even costs). If bte is making $40 USD per barrel operating income (torque) in Eagle Ford and they're increasing bbl/day output (RPM) then using the analogy in physics that Torque x RPM is proportional to power output where the analogy for power output is earnings power then with the recent refracs and intelligent application of earth sciences in drilling new wells, then bte is way undervalued and Cramer will look like a doughy brained idiot who hasn't got a clue.
So the question is whst does Cramer know that nobody else does? Is he a petrophysicist or esrth scientist with experience in field development. Getting sick of MBAs, people with degrees in commerce commenting on technical matters and future prospects. If they don't know whar the Navier Stokes equations are and how they're applied to field development then I pay them no mind. Just yappy talking heads with sn agenda who don't know shyte.