.07, .06, .05., .04, .03, .02, .015's were suppose
Post# of 39368
.07, .06, .05., .04, .03, .02, .015's were supposedly all "GREAT PRICE POINTS". Those who bought at these PPS's are very much in the red. Those who bought way back in 2009-2010 at subpenny don't have the gains they once had and might be red if they averaged up. No proof of oil beyond 9.5 BPD, no proof that SJ #3 will prove out, and no proof of X-Factor. I think I'll wait on the buying as I have been since the 400 BPD was PR'd on Dec. 18th. Wheels are in motion to improve production. Bull is doing a lot of hard work and getting it done but if we are strictly talking PPS; I'll wait on it. Weighing the odds of picking up .02's on the way back up vs the chance of waiting on subpenny is a better bet vs thinking .013's are a bargain. I'll pay the extra .007/share and be sure we did the job vs buying now when so much continues to be up in the air.