opportunity?, page-3

Well - I entered today at 51 with a. Moderate position . I had invested on this at 2.10 earlier this year and sold out at 1.96 as I thought it was be safer to get out of mining services . But given TTN has moderate debt , real assets ( Rigs) it does present a safer opportunity than a similar company with high debt . To be clear it has lost 72% of its value and I think part is due to downgrade but a lot due to market sentiment of this sector where any bad news gets punished to a greater degree. Do I think it's going to 1.75 anytime soon , no but I do think a 60c-70c SP is more reflective of projected earnings with 90-1.10 if earnings to improve next year

as for motley fool - they love to grab Cheap headlines to attract subcriptions and every second email is a 50-60% discount to subscribe . I would be impressed if they had recommended TTN is a sell before the downgrade - no after. A call like don't buy is really risk free as nobody will care too much if it goes up and if it falls they will post they are correct . If it goes up - they will be silent . The fact they call it a value trap confirms on the existing numbers it seems clearly undervalued - not without risk but very decent buying at present IMO