PSA 0.00% 2.1¢ petsec energy limited

Bought at $1.25 held and averaged down all the way to $0.20...

  1. 500 Posts.
    Bought at $1.25 held and averaged down all the way to $0.20 where is stayed for eons and sold in the 20's. Suppose you need to make those mistakes when your starting out.


    Now you listen to the charts?
    10 years ago they suggested you get out at AU$7 and REALLY told you to get out at AU$4.50

    Two years ago they suggested for me to buy at AU$0.22 (as well as fundamentals agreeing with this)

    I don't see that it is time to sell now IMO very much a buy. PetSec expects tomake $45 million next year, and over $60 million in 2006 with only 120 million shares on offer

 
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