Bad Luck makes good points Cashy!!!!!!!!!!!!we all have to...

Bad Luck makes good points Cashy!!!!!!!!!!!!
we all have to assess our risk and aversion to the same...

Take this piece from Merrill Lynch - put it under your pillow along with your share script and let neither out of your sight when you contemplate either

1) Stop Losses
OR
2) WHY WOULD I Sell the stock..

when thinking of point 1 revisit point 2

Against the backdrop of challenging global equity markets and given the share
price performance of KAR thus far the temptation will likely be for some investors
to “take profits”. However, we believe that Poseidon-1 is likely to be confirmed as
a significant discovery and as such investors should focus on three key points: (1)
success at Poseidon-1 should automatically de-risk the potential across the Kon
Tiki and Grace prospects (>10tcf gross); (2) market attention has yet to focus on
the full potential of KARs international portfolio offshore Brazil (Santos Basin) and
Peru (Tumbes and Maranon Basins), and; (3) in a resource-constrained industry,
we believe KAR would screen up as a possible M&A candidate giving the shares
some downside support in our view.