production up, share price falling, page-15

re: question sushi? Putting a value on any company is IMO guessing.

The market opinions of the "ANALysts" towards companies in the oil and gas sector are really bad.

Fund manageres also seem to hate the sector and love those hi tech darlings such as Google, Ebay, Amazon, Sirius (SIRI), TASR, RIMM, etc that trade at ridiculous values.

Yet they hate companies such as DVN, CNQ, CVX, BR, EPEX, EGY, etc....that will make more money those above and be here 10 or 15 years down the road (or be bought out by another company!!!)

I really don't know other than guessing, but I think PSA should trade around the $1.50 per share level and once all the wells come in and we know what is going on maybe higher.