Yes, they were painful days. I am amazed that valuations at the time were around 60c despite all their assets. Even Big MAC was knocking it big time. Now that they are almost $3.5 people are having to pay a lot more to be part of the action and analysts are joining the chorus. The Buy Back at the time was a stroke of genius as they paid around 60c per share. The buy out of Chevron another.
