I notice that a few refugees from the Investor Village CWEI message boards are filtering to this forum. This is a temproary spot to regroup. Ian Wyatt may want his space back
Investor Village management decisided to begin deleting posts that were not supportive of Obama policies and rhetoric. This was particularly offensive to those who had endured years of the vilest "Bush Bashing" imaginable only to find that criticism of Obama was off-limits at IV. Over the past year or so, many of the thoughtful, knowldegble and experinced poster began to fall silent. Also, there was a group (including myself) who felt that the single most important investment consideration is government policy in todays environment.
Taxation, sanctity of contract, Federal regulation and mandates, government decreed allocation of resources, dictated management decisions, and massive unaccounted disbursement of public funds are just a few of the things that are uncertain under emerging federal policy. These things need to be discussed before rational investment decisions are possible, IMO.
For newcomers, the question arises about why long-time CWEI posters would want to "regroup" instead of just going their own separate ways. Here is a little history:
On Yahoo, there were a number of very experienced O&G professionals that began to exhange information and ideas on the CWEI board more than a decade ago. Just why there is open to question, but some of it had to do with the fact that many of them knew (or knew of) Clayton Williams personally and admired his aggressive style. The man is a true warrior in everthing he does. Most did not own his stock for the same reasons they admired his style.
Cordially,J. C. Harperwww.jcharper.net