EKA 0.00% 45.0¢ eureka energy limited

new business..bottled water from turkey, page-19

  1. cjg
    149 Posts.
    rice,

    > Thank you for your advice I must need it as last year I only made a profit of $800k for my holdings, how did you do?

    we made similar amounts, however I certainly dont feel the need to add weight to any argument by declaring my income. (and in case you're wondering - you lost)


    > The volume on EKA and EKA has been light, of course it got sold down when Turkey failed, personally my interest in the exposure that EKA has to Sugarloaf, which makes Turkey look like and oil leak on the driveway!

    Some oil Leak. Share price has been TORCHED! Doesnt sound like the market agrees with you there.

    > Sitting with 12.5% of what potentially could become one of the largest on-shore gas discoveries in the US I think EKA is sitting very nicely.

    Potential, yes, we agree.

    > When you decide to invest a great deal of money in these small caps the risk is high, but the reward is higher. Personally I do not put money in until I am satisfied with the risk reward. This satisfaction comes from doing a great deal of homework/research and also plenty of discussions with contacts around the industry.

    I was not questioning your INITIAL investment entry criteria, just wondering as to why some people dont keep up with the times. For all that it COULD BE, the share price reflects what it really is. Period.


    > cj, do you hold any EKA? do you own any shares in any co's? what time did you get home from school today?

    Yes, i bought in the low 20s and had sold out near the high of this upleg, then reversed position. I am pleased to say I have taken two good bites each way.
    I don't think you'll win a pizzing contest with me there either, but then I wasnt looking for an argument, just insight. Your ad hominem attacks though speak volumes... but cheerleading a stock is not what I was interested in.

    Nothing personal "rice", I just trade it as I see it. I was hoping for some insight, but realise now (foolishly) this was not the place to get a straight answer. For of course, those holding the can have a vested interest in shooting the messenger, eh?

    wish you well (pardon the pun). lol.
 
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