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17/02/18
07:16
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Originally posted by heartastack
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It's been said before (perhaps by me) but volume ($15 + not just a silly couple-k-punt) in PRL USUALLY means something. It's meant a lot of negative somethings for nearly 12 months but it's a brilliant signal to get in imo. The clue is that the options haven't moved, if anyone knew a serious deal was near they would be nuking the options lines. Unfortunately blew all my money to trade with early with PRL trying to average down hence only left holding the bag and whining since 4c. Sorry about that, well not really, I only invested on what the ANN's were telling me. My time again would only be investing after retracements on good news because the bad news falls harder than I could stomach.
Again for anyone having a crack at long-termers (let's call long termers 6+ months) complaining: The Ann released before last September options expiry is the unforgivable - 'aim to have 2 holes completed before expiry'. Then no updates whilst we shoveled our hard-earned down a deeper well in our wallets than PRL could ever dream of drilling with their operation. Smoking of the options put my total investment into 90% loss. Pretty confident I'll make it back on well 2 success. I will then lick my wounds and say 3 hail Mary's before bed each night (now that's just beers talking..)
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Well said HEART
Yes this is high risk stock - but we all invested based on what DCs management and there ANNS has put out there to the market - and NOT ONE thing they have said has come off
The worst being FULLY FUNDED - surely a businessman of any decency is funded for contingencies as well
F...KUP from the start