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Re: leftovers post# 472

Monday, 07/11/2016 4:51:50 PM

Monday, July 11, 2016 4:51:50 PM

Post# of 617
You're making a lot of sense to me---good sense, that is.

The DRIP idea continues to bother me. There are serious issues out there forcing the longer term investor to fight uphill battles. Right now this company---UK domiciled and therefore subject to lingering questions more serious than mere doubts---has equipment warm stacked due to market downturn-related difficulties. True, there are compensatory payments pledged---but one can only wonder how secure some investors should reconsider their faith in SDLP's ability to remain stable. And when a business "partner" can no longer meet contract obligations and has to pull out, how secure is any of this, including pledges for payments while warm stracked?

I can always scrounge up some cash, even if for only a modest position. But each time I reconsider launching a fresh position here I'm troubled by the fact that nothing good has occurred of late whereas I can point to several negatives reflecting organic downturn-denominated events.

Being a momentum-driven trader/investor, that, alone, disturbs me...as it should.

Of course I wish you and all others good fortune as that's why we're here. But I am concerned as I believe we ALL should be.

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