mjc1, I disagree with your statement. Charts are an awesome tool to use as a trader but to say they don't lie is sticking your neck out a bit. In the end, it is value and fundamentals that drive the price per share and not the charts. There has been no fundamental or value information released to justify driving down the PPS today. Though the charts do point south, it is at any moment they can announce an oil discovery and at that point the charts will have lied. I have just done too much DD on this stock to believe for a moment that 5 cents is the best I can get for my shares. I have done way too much DD on the Clovelly Field to believe they would drill a dry hole, this is not a wild cat well. Either way, I hold noting against you for selling and taking profits. I wish you the best of luck and hope others hold nothing against you. I have always said that people should do what they feel they can live with.
Brad
The info and DD I provide is accurate and factual to the best of my knowledge but still I am human and you should always do your own DD.
Benjamin Franklin once said -
"I am a strong believer in luck and I find the harder I work the more I have of it."
