mel announcements, page-23

Yaq,
I dont normally put that down on a post, however thought it pertinent considering the coverage of various stocks. I was afraid it might draw a comment like that from you, hacking me for not loving one stock only; as you do :)

So to explain some more, I would consider myself a sector punter, focused generally on energy, with particular attention on CSG.

Age Quod Agis
Do what you do with your whole self.

hence, it is my perogative to change my ownership and trade stocks as the eb and flow of market forces change their value, irrespective of fundamentals. This gives me an opportunity to exploit the fundamentals when the more irrational market changes their mind from week to week.

My LT holdings are with ESG, BOW and MEL.

For example, last week I entered VPE; but wouldnt touch them before that because the fundamentals had precluded me from making that entry.

If you look at BUL, I have been holding and trading on and off since 2006, but sold out a few months back when it was clear that market conditions were changing the value of the company, not the underlying resource. I have recently bought back in as I believe they have found a bottom.


I bought AZO back in June as a nice way to exploit action on ESG, should it eventuate. They hold some major tenements. Can you blame me for the decision now? Their price movement since that time has been solid. Better than any for ESG. I did buy and sell some ESG the other week when STO cracked the whip on GLNG as it was clear ESG would make a break higher.


My batting average is doing pretty well by moving my investments around from time to time.


Anyway, each to their own. Perhaps I could have said, I may be holding or trading all or any of the above stocks.

I certainly dont want to misrepesent and consider my integrity in trading and sentiment to be very important to who I am as a poster on HC :)


More than can be said for other 'market forces' on here.


Seam Fiend