Banter and general comments, page-7752

Howdy Stu. Been watching your posts and your strategy of investing in only one stock is very high risk imo.
You may be correct and I hope you are, not only for you but also for everybody else invested in CXO.
In one of your earlier posts I think you said that you had a major loss when you were 58yo.
Did this occur because you had all your eggs in the same basket?
I agree that SMSFs are a good idea but in reality many people lack the ability to manage one.
It does take quite a bit of time and some expense to be compliant. You also have to be careful in
where you get compliance advice as many advisers over service so they can bill you for their service.
I have experienced this first hand. All you need is a no frills basic service which gives correct compliance advice.
Getting back to CXO I think that their potential is great and they are now not very far from achieving their goals
but things could still go pear shaped. Not very likely but in reality possible.
You are indeed a very brave man and but are probably correct and I wish you as well, as all other holders the best
of luck with our investment in CXO. By the end of 2022 we will all be a lot wiser. IMHO DYOR.