88E 0.00% 0.2¢ 88 energy limited

Today on 88E, page-101

  1. 256 Posts.
    Hey dude,

    look at trade history. each time its moved 33% or more (particularly jumped to 1.5c on good news), it's gone to 1.7c then pulled back a bit then bounced etc. over a week or so, without any confidence in waiting for further seismic data/drilling results. So, it's fair to say that this time is even a little different to the previous jumps, and this could extend beyone the week long hole before the next drop. And yet again, we re all sensible enough to know that no matter how good the news, there's a whole lotta developments to get it to the next stage and the SP is bound to pull back (another buying opportunity)!

    So it's a timing game, and we all know it. How can I time the peak of this ramp and pull out before it drops? And it will pull back. Coz it always does. And we all know it!! We all want it to go to 2c or more but it won't go much higher. So, do you safely get out a bit earlier so you have $20K+ to put back in when the SP falls back to 1c, or do ya just hold on for the big picture coz your too busy to deal with it while you're at work?

    These are the real basic currently important questions to ask. It';s not about whether they know what they are doing, or if the price of oil will cover the costs of production etc. That's all pie in the sky shite. Right now, if the results come out next week that there's 'X' amount of billion barrels of oil ( go fod yourselves OPEC) in Nth America, then at the very least the land value increases x3+, so too will the SP.

    Still spewing I couldnt get the loan from ANZ for $10K I tried last week to buy more at 0.07c to avg down my $25K worth at 1.4c. The 10K would have brought my avg down to 1c. Meaning 3.5mill heads at 1 c anstead of 1.6 mill at 1.4c. Such a huge diff for a 3rd of the initial outlay. Anyway it's all learning. Only being messing with stocks for 2 years. Mostly at a loss till recently. Had to learn many harsh lessons like everyone else here.

    I love our weird interconnectedness via text on a screen about out finances and life situation. SO bizarre this modern world.

    Well I think my drunkard state as taken me through 4 fazes thru this quick synopsis. Next time I promise I'll go for 5.

    I think I've forgotten what I started out saying. These bulleit cans are really working I think.
 
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