Haha Yeah totally agree with you jamper, did you come down in the last shower chumpinator? LOL.
Everything is getting smashed at the moment in what I believe will be looked back upon as the 'crash of 2008'. I'd rather '87, it only took stock a year to recover.
There are a myriad examples of the good getting throw out with the bad, like ESG. Or take KEY Petroleum, cash backing 10 cents, it was 6 cents last week. Now it's back up to just cash backing levels after announcing a discovery today. This is madness in the extreme.
ESG is top-quality, and in two years time I believe ESG's stock price will be far higher than it is now. It's a matter of willingness to part with cash for two years - but I don't undertsand. If you know it will be worth more in the future, then why fuss about near-term performance?
I'm not saying ESG is an FMG, PDN or CVN, but the thing in common with all these excellent performers is that they all traded sideways for a long time before succumbing to a rapid, seemingly never-eneding re-rating period.
SS.
ESG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
