Oh, and just so you get even more eaten up with petty envy....TLM would have to get to somewhere north of $90 a share to equal the gains I've made with the proceeds since I sold.
Have a nice day.
I did not appreciate how my selling my long-term TLM holdings a few years ago at between $21 and $18 upset some of you. That I saw the redeployment of the Sudan sale proceeds (a de facto expropriation, actually...) as pure, misguided folly, and the seeds for the Company's ultimate ruin, was a view not shared by most others. (If you were even aware of TLM back then----I presume not....ADD is a terrible affliction.)
That you would eventually all dive into the beaten-down stock as vultures, early on hoping for a simple, quick and painless turnaround, and later for the sweet relief of a mercy takeover......all based on a due diligence process consisting of nothing more than gossip and coat tailing...is not uncommon. But is was highly ignorant of realtiy.
There is no free lunch. You were all duped into catching a falling knife. The North Sea assets have degraded intro life-sucking liabilities. But again, how could you know that unless you knew that TLOM was even onvolved in the North Sea? Where could one possibly find such a granular level of information?!
So here you sit, lashing out at me. You, who are now underwater and drowning in despair, criticizing me for taking my 3-bagger and redeploying the money into better things long ago. Sorry.
And here you remain, lacking the gonads to fix the mess you're in, unable to gauge the risk-reward function that sits in front of you, being the pathetic losers you are destined to be.
Yup. You got me pegged. Bye.
Your mentioning Carl says it all...you`re one of the boot licking herd of putzes. You will lose money in the markets. It is your destiny.
Sorry for not providing this to Your Eminence sooner...I hope you're not too mad at me.
Here's my analysis:
Any lazy idiot who replaces his own Due Diligence and decision-making with what they glean from anonymous posters on a Yahoo messageboard might as well hand over their money to the Salvation Army. At least you'll do some good and get a tax deduction.
Is there anyone on here capable of any real analysis? I am curious as to what people believe the real asset value is (after debt). I would also appreciate the smoked lobster's opinion who I have not seen deliver real analysis but has been dead right on the stock price. Where is the bottom? What could it realistically go for in a sale (although no one appears interested as the specific properties seem to be of little value?
Guy walks into a oil company boardroom. In a booming voice, he declares "I just bought 4% of this company, and here's what we're gonna do. First of all, I need a couple seats on the board. Then, you're all gonna do whatever we tell ya, because I'm a famous guy who knows everything there is to know about making money. Do as I say, and we'll all be outta here, with fat cheques in our hands, in a few weeks.
Now.....what's this "North Sea" stuff all worth ? A few billion? I mean, them nitwit Limeys call it "petrol", and those Norwagoners can't even talk decent English......so maybe 10 billion? The rest of this stuff is all gravy....!
Well, I find it funny anyway. Always will.
You presume that I care where the bottom is. Ooopsie.
I'll post what I feel like posting. When I choose.
You can read it, or not. I don't give a rat's RRRS.
just give up the info if you have any... or per as usually you have not the faintest where the bottom is yet you would think from all your gas bag posts you are the oracle of Omaha