Good to see you are back 618 I thought you had left ETE long ago :)
Just because I don't post on a particular board for an extended period of time doesn't mean I have sold out :o) It just means that I have had nothing of any substance to say that would benefit this board.
I am still bullish on this stock, especially with the recent purchase of the GoM producing assets at what would seem to be a reasonable price. Of course, taking over someone else's legacy asset always carry an inherent geological risk (gas in ground worth less than produced gas even if it is 2P reserve, let alone 3P), thus resulting in a discounted value that we paid.
I have not bought any in quite a while as I have been buying quite heavy into STX for their Rayburn discovery - which I believe is still quite substantially undervalued by the market.
Cheers, 618
ETE Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
