“This is a company that has NO RESERVES — not proven, probable or even possible; just a ‘contingent resource estimate’ from a firm that InterOil paid, after shopping among firms — and has NEVER delivered on its countless promises of huge natural resource finds in over 200 press releases over more than 10 years. Sure, there’s gas there — this isn’t Bre-X — but we think there’s only a tiny fraction of what IOC claims.”
--- Whitney Tilson
Simple. Whitney Tilson has credibility and the hack pumpers here have zero credibility. Why do you think they attack Whitney Tilson so much?
Maybe it's because he's a straight shooter.
Sentiment: Strong Sell
Yes, Tilson speaks the truth, FACTS!!!
ZERO PRODUCTION, (well not counting all the horse sht IOC has pumped out over 10 years)
" We think there's only a tiny fraction of what IOC claims." No facts here. No documentation. Just his feeling. Lame and shows he has nothing to back up his allegation.
Sentiment: Strong Buy
Wow, I guess the shorts have gotten THIS desperate... they're now quoting Tilson!!!! Great buy indicator I'd say. Tilson has been quite a failure.
So, JPM was the Dog yesterday and now Tilson is Lord today. Are you listening longs????