LNC 0.00% 99.5¢ linc energy ltd

oil & gas found, page-27

  1. 877 Posts.
    It seems to have been lost on most Dave, but these days I'm a little more relaxed about the fact that price screams supreme on the forums, and information relating to business developments is a very distant second.

    My holding is two things, large and stable. I don't see a reduced price as loss of my capital so welcome the decimation of price as an opportunity to buy a greater share of the future prospects of the company (although long expensive holidays drastically reduce the ability to do so). And I know that when I sell, which will happen all at once in a single sale, that I won't be profiting inline with business performance but rather trading hype. .60 of that equation is still very, very profitable.

    There's a good chance I'll be out next year. Management doesn't float my boat for the very long term.
 
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