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0.00% 2.1¢ petsec energy limited

News: Petsec Investment Spotlight - Terry Fern, C, page-5

  1. primaus72
    3,242 Posts.
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    28/03/11
    16:47
    Post #: 8176285
    re: News: Petsec Investment Spotlight - Terry... I have been in and out (mostly out of this stock) over the last 3 years.. My last position was held around $1.5 mark.

    As a "veteran" basket cases like BNB and CNP etc it is easy to hold on to any faint hope of a recovery but eventually this will be all fruitless. There is a extremely high probability that this company will be unwound up or merged with another - end result will be no better for current shareholders - most probably worse.

    There are much better multi-baggers out there - take the capital loss as a expensive learning lesson.

    PSA Price at posting: 19.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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