CUE-> Pantheon of small oil stocks

[Phaedrus]

Phaedrus, I have a question.......Do you think that Markets are efficient, or inefficient?

Inefficient.

The Efficient Market Hypothesis is an academic construct that was debunked in the 1980's. It implies that share prices adjust to publicly available new information very rapidly and in an unbiased fashion, such that no excess returns can be earned by trading on that information. In its Semi-strong-form at least, this implies that neither fundamental analysis nor technical analysis techniques will be able to reliably produce excess returns. We know that this is simply not true. John W. Henry, Larry Hite, Ed Seykota, Richard Dennis, William Eckhardt, Victor Sperandeo, Michael Marcus, Paul Tudor Jones and many others have each amassed massive fortunes via the use of technical analysis and its concepts. Buffett and others have employed fundamental analysis with spectacular success.

The developing field of Behavioral Finance studies market inefficiencies such as underreactions or overreactions to information as causes of market trends, bubbles and crashes. Such misreactions have been attributed to limited investor attention, overconfidence, overoptimism, mimicry (the herd instinct) and noise trading. Other key observations made in behavioral finance literature include the asymmetry between decisions to buy or sell (the "bird in the bush" paradox) and the strong loss aversion or regret attached to selling shares at a loss. (Genesove & Mayer, 2001). We all know about that one. That's why Stop Losses are so unpopular!

[Financially dependant]

Good to see a bit of great news out of Maari...

http://www.bloomberg.com/apps/news?p...d=aMGDVQsrdx5w

[macduffy]

Good to see a bit of great news out of Maari...

http://www.bloomberg.com/apps/news?p...d=aMGDVQsrdx5w

And that's almost 2,000bpd as CUE's share.

Tempting to do some sums on a hypothetical annual revenue at that rate!

[trackers]

And that's almost 2,000bpd as CUE's share.

Tempting to do some sums on a hypothetical annual revenue at that rate!

WTI up to $73 (high for the year?)...Great timing

[STRAT]

WTI up to $73 (high for the year?)...Great timing

Thanks Trackers. Thats made my day as Im holding a sack full of oilers. Where did you source your info?

[Corporate]

Thanks Trackers. Thats made my day as Im holding a sack full of oilers. Where did you source your info?

http://www.bloomberg.com/markets/com...rgyprices.html

[STRAT]

http://www.bloomberg.com/markets/com...rgyprices.html

Thanks Corporate

[macduffy]

Or try this one.

http://www.upstreamonline.com/market...=markets_crude

Interesting to see that most oils are now around levels of three years ago.

Tapis, which I assume Maari is priced off is around USD77.

[trackers]

Or try this one.

http://www.upstreamonline.com/market...=markets_crude

Interesting to see that most oils are now around levels of three years ago.

Tapis, which I assume Maari is priced off is around USD77.

Yep thats the one I use too

[STRAT]

Thanks fellas