02-16-2016, 01:09 AM
(This post was last modified: 02-16-2016, 01:09 AM by will2bgreat.)
(02-15-2016, 11:19 PM)Stavros Wrote: As Pet said in the past, all the data they have seen points to high recovery rather than low so I'm not worried personally. Nor apparently is Hession who said a long time ago that GLJ's high case of 11.99 tcfe became their mid-case. That was before newer and even better data was acquired. BUT keep in mind that I've been a chemical engineer for a Long time, and I'm still working because I never got rich enough from my investments to retire. Instead, I'm just tired.
Thank you Stavros, I agree. I'm in the same boat due to some bad investment decisions. If you want to make money by investing, ask me my opinion and do the opposite; you will make money. Unfortunately, I feel good about my IOC investment so you may want to short IOC.
Good luck.