by Travis Johnson, Stock Gumshoe | November 5, 2010 6:20 pm
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I am a new investor so forgive me for asking what is perhaps a stupid question. Why is the P/E 262 for TSU. Thanks. jbnaples
According to Yahoo finance, the P/E for TSU is 39.
http://www.google.com/finance?client=ob&q=NYSE:TSU
Dear Travis:
Kent Moors is teasing among other things, California’s Monterey Shale as a newly accessable source of oil, sopposidly using “Managed Pressure Drilling” and a “California Coctail” of acidizing drilling fluids to dramatically increase the amount of oil extracted from this formation. He claims to know of at least two companies ready to benifit from this “breakthrough” now. One with 10 billion barrels ready for extraction and annother holding 1.2 million acres of presumably lease “Monterey” land. Is this for real? If so, what companies is he talking about?
Thank you.
Joe Russell
Travis discussed the Monterey Shale plays yesterday….
http://stockgumshoe.com/2010/11/super-shift-breakthrough-opens-40-trillion-oil-prize-in-monterey-shale-kent-moors.html#idc-container
Dear Travis:
Brian Hicks is teasing “The $20 Trillion Report” claiming that A small Canadain company has developed “Steam Assisted Gravity Drainage” (SDGD) for extracting oil from Bituminous Sands (oil sands). What company is he teasing? Thank you.
Joe Russell
Dear Travis:
Byron King is teasing a tiny Canadian-traded stock that is “nearly a pure play on leviathan’s potential”. Leviathan is the name of the gas field suposedly found by Isreal. Who is it? Thank you.
Joe Russell
Dear Travis:
Taipan is teasing there “Hedge Fund Strategist” by Sandy Franks. They say that a tiny company that the U S has given a vertual monopoly to is going to do very well because a controversial law put in place this year by the government vertualy eliminates their major compitition. What company are they teasing? And are they in as good a position as all that? Thank you.
Joe Russell