the selloff we had to have .. now for td, page-23

re: selloff.. harmano to rager
Like I say, your decision to sell was right in hindsight.
The possibility of bad news from each drilling is always higher than the possibility of good news, those are the odds we play with.
My theory is that if you believe that the stock is worth ALOT more in 3-6 mths than it is now and that they have already come down significantly, then they must be a good buy.
I prefer a long term view
Good luck