Contrary to Popular Belief, Oil Won’t Weigh This Company Down

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Photo Credit: Bjoern Schwarz

    2 replies to "Profit From Unwarranted Oil Price Fears With This Stock"

    • william brown
      March 10, 2015

      my concern on this idea has been the open ended utility construction delay liability that is only recently been p[riced into the stock when it fell into low 30’s where i bought the idea after waiting 3 months to execute at that price

    • Andre Rouillard
      March 19, 2015

      William,
      We’re also aware of this liability. We’re looking into it a little further at the moment, and have read Prescience Point’s report on the accounting issues, but the liability was materially reduced in the company’s most recent filing. Cost overruns are common with construction companies and we think that some of the concerns in Prescience’s report were overblown.

      Thanks for reading and commenting.

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