Since the 2008 price collapse these people have been in a race to the bottom to see how much $ they can lose for stockholders. They need to start drilling for water or something else because the price of gas is the only thing out there in a permanent one way terminal decline in which every recovery attempt is smacked down. Making it up with volume doesn't cut the mustard. Everyone is benefitting from dirt cheap gas except the people that produce and invest in it. After 5 years of bad news, these producers need to be moving away from gas production as fast as they can.
Only a small amount of the oil in placed is booked. Unconventional exploitation hasn't been recognized or developed.
Somebody told me they made 30 cents last quarter but I am thinking they probably made more like 3 cents(Chinese money) for the entire year.
I have some of those, hanging from the mirror of my car. I am going to move them to my computer desk and stop watching Cramer.
The higher oil goes the cheaper you can buy this stock. In other words, Canada should stick to Maple Syrup and leave it at that.
I thought about him, but he burned himself out smoking those Bob Marley joints. No Gary Busey just bounced on his head a couple of times crashing his motorcycle so the drugs don't seem to matter as much anymore.
I am going to start a fund. Thinking about having Gary Busey as the spokesperson but am open to suggestions. Naturally I going lever the Be-Jesus out of it, and fund it in Japan like every other fund manager.
I have been buying this and MTR. MTR looks like it has considerable upside due to the doubling of NGas prices in the last year, but PBT will also benefit greatly. These R/Ts are bargains compared to producer stocks which increased in price with the market.