ESG 0.00% 86.5¢ eastern star gas limited

more good news and its down we go, page-10

  1. 16,292 Posts.
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    edgardig

    Feels better when you have had a little whinge doesn't it? I often do the same! So ... you believe that a stock should go up only AFTER you have bought? What about the prior 8 months when it went from 20 cents to 90ish?? One thing I have learned after 20 years in the market and the last 7 trading full time is to never put all my money into a stock at the same time .. I always average in. And I also trade some as well .... to make a living. So recently I sold my "traders" at $1.12 .. hence I am happy to buy them back now at $1.03.

    There was plenty of hype here in the past I agree. But more recently we have stated as has ESG that reserves will be upgraded by year end .... and that's when the sp will move .. short of a takeover before then. So the evidence is in front of us both as to why the sp is going sideways (delays in laterals) and when the big news will be out (although a takeover could be anytime) .. but still you say "it had better go up soon"! If your timeframe is that short then ESG is not the stock for you. Plenty of other opportunities I agree.

    H
 
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