BAS compared to 88E, page-14

  1. 666 Posts.
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    I have 88E and Bas and they have both worked out very well for me . I think the main difference at this time is that 88E has basically on ICE with the winter and would not expect much news flow over next 4 months where is BAS is going to have plenty.. Also BAS will have cash given all the oppies will be exercised and they are also producing which puts them cash flow positive where as 88E has options with a MArch 18 expiry which are now out of the money given strike is 2 cents and with no news coming more then likely will expire worthless .. Bottom line in my view 88E will have to raise in coming months and BAS will not. I do think 88E will be a buy at cheaper levels once we get closer to the winter ending . In the meantime sit back and enjoy the ride in BAS . Good luck and DYOR
 
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