mrwalker,
I posted a couple of weeks ago that I thought the takeover would proceed. I have been biding my time waiting to see if my thinking was perhaps accurate. The last couple of days trading I noticed certain things that gave me more confidence that my prediction might prove to be correct.
Sometimes when one gets burnt in a particular stock your judgement can be effected when making decisions about investing in that situation.
It would be easy to take the attitude that LNG has been a disaster and I want nothing more to do it with it. But that would be narrow thinking on my behalf. I have chosen to look at LNG at it's current state and what is before it right now.
I gave my reasons recently why I believe the takeover will happen . So I lifted my mattress this morning and grabbed a few more dollar bills and bought some more at 11c. If it proves to be the wrong decision, then it will be one final slap across the face for me to digest.
But on the other hand it could prove to be a 90% return in reasonable quick time.
I have lost hundreds of thousands of dollars in the LNG story, not to mention the many sleepless nights thinking about the What ifs. I figured another ten thousand dollars mrwalker was not going to change my life too much..
Some might even see me as masochist. Maybe I am.
My days of sitting by myself in a quiet room and reflecting on LNG are well and truly behind me.
Now I have another stock that occupies my mind for a good part of the day. WE both know what one that is.
Cheers mate.
mrwalker,I posted a couple of weeks ago that I thought the...
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