SEA 0.00% 16.5¢ sundance energy australia limited

Ann: South Antelope Sale , page-33

  1. 1,375 Posts.
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    Congrats to all holders and sellers...and superb job, Eric!

    I posted about this SEA sale over on the TXN board, because that company's board/CEO need a kick in the backside to get moving in shareholder interests on its long drawn-out land sale.

    I agree with posts here saying that it is increasingly difficult to gain value with long-term holdings, but we all know that its difficult to determine when to buy and sell. Although I try to hold for the longer term, some short-term sales have helped (e.g. I bought a few SEA shares at 55c in Feb and sold all in March at 80c. Then bought in again at mid-50s and kept buying down to low 40s.)

    I'm holding my current shares for reasons that whynot outlined, but I also applaud those who took some profits today -- particularly MM who sold at 82 cents (the top of the market so far today)!

    Again, congrats everyone!
 
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