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Pangzi2

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16/08/16

14:25

Post #: 18529183
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Originally posted by YourDudliness ↑

P the market is a casino to anyone who doesn't know how to analyse a stock and control risk. The beauty of HC is you get to hear both sides of the debate but picking and trading a stock is personal choice and experience. Now speks start as high risk in anticipation of high reward. More they derisk...more they're worth (usually). Here we know that what you call P&D or whatever SP manipulation you care to name...is evident...we're use to it. But comes a time of correction...boom...catch up!

Anyway...bottom line is...noone can be sure about tomorrow's SP...what an investor can be sure about is placing their money in a bank account and getting a couple % per annum.
Even that has risk.

I'm taking a risk in 88E (weighting wise in my portfolio)...but feel very comfortable in this stock. On the other hand I am also hugely risk averse...(you really have no idea) and seriously limit my exposure to the share market. So that should give you a clear indication I have a lot of confidence in this story (which means nothing as everyone needs to draw their own conclusion as to where best to invest their hard earned dollars).

So best advice to everyone is know your limitations, don't commit more than you're prepared to lose, consider your strategy and do your research. 88e ticks my boxes, everyone else needs for it to do the same for them...o'wise don't commit.

GLTAH

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I didnt see what i said has anything contradicted to yours. Of course, I have faith in the story, that's why I am holding it, also, always highlighted that people should only invest what they could afford to lose.

What I dislike is that when people keep talking about the GREAT potential of this share, trying to convince everyone to buy it, nobody highlight the risk involves, yes, there are billion barrels, what if the flow rate proven to be shitt, which means the billion barrels means nothing, if the operational cost is over the revenue, what if the Oil price hit 30s again, what if ..... etc.

I dont want anyone get overheated head, then suffers, think carefully, invest smart, that's my point.

88E Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
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