Seeking Alpha
  • Mercy Jimenez
    Added HK @ $7.40; today=last day flippers buy 2ndary @$7; solid bal sheet; 73% oil+NGL; prvn reserves > 245%; http://bit.ly/RpQZJ9
    9/18/12
    Reply (10)
    • Mercy Jimenez: Will add more if flippers get aggressive http://bloom.bg/QiMroE
      9/18/12
    • REIT: gold in the ground is worth $111 avg, so oil in the ground is worth?,multiply by the reserve they mention divide by no of shrs see wht u get
      9/18/12
    • REIT: what i see X35 book value, you need about 100 years to break even f you buy here
      9/18/12
    • Mercy Jimenez: My valuations 4 my own trading + investing weights heavily onshore US oil over ME/Afr/Brzl oil; not all oil is created equal in risk/value
      9/18/12
    • REIT: my valuation for my own trading too and im sure not for my neighbour..oil in the ground or oil under water will still have value prob. less
      9/18/12
    • pollyserial: x35 book value underestimates strategic partnerships, growth etc.; in other words what you are buying is a management/acquisitions team.
      9/19/12
    • pollyserial: but these macro conditions have me sitting on my hands, holding small position, looking to add.
      9/19/12
    • Mercy Jimenez: Agree Wilson leads good team; I'm overweight energy but HK =small spec 4me w/LT growth; w/ potential ME disruptions >exposure 2 US onshore
      9/19/12
    • pollyserial: Mercy, mind if I ask what your favorite letters of the alphabet are? I seem to recall that we're both long STO.
      9/20/12
    • Mercy Jimenez: Absolutely polly -- STO and STL:NO I (like Statoil in USD as well Kroner); and I'll add more if I can get it around $21-23; your thoughts??
      9/20/12