MAE 0.00% 0.0¢ marion energy limited

investors, page-127

  1. 7,809 Posts.
    NTaylor, your chart prediction sounds attractive . Unfortunately we are in the valley of dispair at the moment, wondering who to believe - a laughing kingfisher or a Spanish named New Zealander ? Best to do our own research because I doubt either are altruistic with their information .

    Personally, I am still holding some but wasn't expecting to see the 50's ever again . This stock has proved me wrong so many times I may as well flick a coin before choosing to invest more .

    At least Goldman Sachs is alive and kicking, and I read that Mr Buffet has bought $5 Billion worth of their stock .
    Sounds like MAE chose the right corporate adviser at least .

    What often occurs after a cap raising is that a shareprice stumbles, and I suspect after the market turmoil recently some placees are frustrated at seeing such a depreciation on top of the realities of "oiler" production processes .

    I am considering averaging down some purchases of the last few months and the 50's is probably a good a place .
 
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