Has anyone on this board considered moving their money to GULTU? It has a piece of BBW #2 along with about 15 other wells and it keeps hitting new highs. I've owned TISDZ for about four years and have lost about 80% of my money. I guess I'm just too stubborn to get rid of it.
rndymtchll...Both will do well if production in the SUD comes on line. Now that Laffite seems to be back in our deck TISDZ is a much better buy near its low....Especially now that GULTU has hit a new high. McKenzie is the only way to explain it but any good news from DJ2 will get him out of the way.
Oviously this stock has been dead for a while, back to below the level it was when it first started 5 years ago. Are people still holding for the hope of BBW #2 producing or are there other possible wells in the future before all of the leases expire? I'm still considering taking my losses and putting what's left into GULTU. But I considered that a month ago and it's up over 20% while TISDZ hasn't budged.
It does not look like McKenzie has sold any since early November by the Form 4's that have been filed. Someone else or several people are selling at a much lower price. Please correct me if I am wrong.