Re: Stock price can increase by 785% (First Securities)
in response to
by
posted on
Feb 15, 2010 10:41AM
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Dr Who,
I would never put all your hard earned $$ on any one item. This play and company for that matter is still risky considering the bulk of their assets are prodcing less than a 1000 boe a day total but everything is pointed in the right direction for the 1000 boe number to get left in the dust but I would still suggest to go easy right now and manage the downside risk just in case. The reason First Securities hasn't bought everything they can get their hands on is a pretty good reason..... they have customers that they have to answer to and have to manage the downside risk to protect their customers IMHO.
BCQEC