I will not get back in till it goes back down to 1p that should be next week the hype as gone out of this now and PIS will be leaving in droves next week before they get caught out and have to average down been there done that, i got out at 4p this morning so got lucky, as i said i will get back in when it goes down to 1p. i can wait
So this weekend, if the headlines are about the significance/importance and prospects of the find etc. BUY if the papers are about difficulty in extracting then....Not sure
This is so predictable, once the market closes you'll see the share price jump on late orders. All these people who keep saying it wont amount to much, saying it's nonsense and extracting is not possible are mad, if the company was not going to reasonably make a profit, i.e. it could not extract that oil, then the directors have a stat duty to wind up the company and put it into liquidation or go do something else to make a profit. That obv isn't going to happen so why not buy shares and enjoy the cheap shares before it becomes a div paying company in a few years?
When I was a boy I dreamed of being a share; but tonight I say, we must move forward, not backward; upward, not forward; and always twirling, twirling, twirling towards oil.
I think anyone wanting to get in will miss the chance if they don't do it at the bargain bin price of 2.5p
Are we really in for another day of, "Get ready for 4p!", "Just wait, this'll hit 10p by the end of the day". What kind of people come on here?
I missed the start this morning because i did not have any spare cash i sold some shares later in and bought in but i was too late and missed the open, wish i had done it earlier, i did have 1m of these about a year ago but sold out after the first test did not show any favourable results , anyway back in now with 250k but at the moment i am down sods law but good look to all who stayed with it, still have my main holding in LGO and waiting for it to blow good nows on its way very soon.
i conducted a flow test in my pants when the price went up to 4.7
i don't think being realistic with psychology of crowds is 'deramping' regardless of the fundamentals and facts.
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