holding up well, page-10

Hi Guys,

A pretty dismal thread, also agree comms recently suk a bit. Still holding 40%, but will be patient on topping back up, as this thread alone seems to suggest punters will be wary going into Gurame, plus I suspect some disgruntled departure from the share register.

My philosophy is that if you are going to short a stock (as I have done 60% here) then do it quickly and early. Also coming firmly to the view that ALL junior/mid cap oilers are either shyksters or live in a dream world of optimism. Don't Believe any of them, esp not the ones who try to be honest, but believe their own dreams. When COE did their $60mm raising I was suspect, then I came around, but either way it gave ms his bonefides as a fully paid up oiler. I've been taking quite a lot of my CVN profits as I feared I had started to believe the optimism there (I do, but it can't be healthy - they all tank - even the more robust looking of yesteryear eg HDR,ROC,PSA,BPT,ARQ,AZA).

Anyway reading both the BPT and the COE reports the CB is looking pretty good, and more to come imho. COE still has another level to grow before tanking imho - speculative spikes don't count imo.

EL