Massive bull run out there and punters wasting too much time bashing other stocks. More the specs with substance the merrier. INP and ELK both got oil and how economical no one can be sure. Could argue on the market cap and technologies etc but what if they issue squillions to maties as often happens in specs or unknown legalities or operational hardships comes up. Best is to treat them with caution and not get carried away. When a good story is there for the taking, get the best out of them. I stuck to my guns and bought both INP and ELK on post announcement open because , on the outset ,they both were good stories. Half way, realising that the market has accepted, added another lot and at the end of the day sitting on good profits bought more. INP is an investment for me now and ELK would do the same if holds Monday and I sit on good profits. Of cause I trade them to lower my average price but avoid pathetic ramping, up or down.
News on these comes wrapped in chocolate boxes and ya never know what’s next lol.
ELK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
