CTP 0.00% 4.8¢ central petroleum limited

my thoughts , page-32

  1. 309 Posts.
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    lplaye.

    you are correct. I shouldn't have worded it in that way.

    The point I was trying to make is that it is not the company's fault or management's fault that the share price has fallen since the Global Financial Crisis began. Even the blue chips like BHP suffered big falls so of course a speccie like CTP would have big falls.
    Thus it is not the company's fault that some posters are in negative territory with their stock. I am actually happy with the way things worked out as it gave me an opportunity to accumulate a much larger amount of shares than I would have otherwise been able to and am now close to even waiting for the good news.
    I am not trying to say that averaging down was the correct thing to do or the smart thing to do.. That is yet to be discovered.


 
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