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Msg  4141 of 13357  at  2/3/2010 11:18:27 PM  by

Yates Pool


 In response to msg by  us2u001
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Re: Report from Matt at Stansberry Research

Matt says IOC "is also highly speculative. If you aren't emotionally prepared for huge swings in price, you may want to avoid buying this one."

Is it correct to say that IOC is highly speculative? Is it that a stock with huge swings in price is by definition highly speculative? Maybe I'm missing something, but IOC doesn't seem speculative to me. It looks low risk to me. Speculative is when you are drilling an exploratory well and the value of the company depends on it. In IOC's case the wells have already come in. The stock might have been speculative before Antelope 1 and Antelope 2. But speculative now? I don't see that.


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Replies
Msg # Subject Author Recs Date Posted
4141 Re: Report from Matt at Stansberry Research Yates Pool 5 2/3/2010 11:18:27 PM
4151 Re: Report from Matt at Stansberry Research stpioc 2 2/4/2010 2:02:41 PM


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