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Old 10-11-2008, 04:59 AM  
ADL Colin
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Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
Quote:
Originally Posted by $tandaman View Post
Colin, how about Gazprom and Lukoil
Stan,

I have quite a lot of Lukoil. Been buying a lot under $40/share. I figure the company is being priced as if oil is only $25/barrel. They had that big oil find in that joint project with Gazprom
earlier in the year plus the reduction in the oil taxes from the Russian government and more being considered. Plus I like the insider buying. The CEO and I think the VP bought some a few weeks back.

I don't have any Gazprom nor have I researched it. I did own some shares of Cimarex earlier. That was my gas play. I sold them at a nice profit.

You own both?
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