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Re: jessejames001 post# 14159

Wednesday, 04/26/2017 3:37:34 PM

Wednesday, April 26, 2017 3:37:34 PM

Post# of 19131
There is no doubt CEGX was in a bad way through the industry downturn. That has 100% change for their area of operations. CEGX also traded significantly higher prior to the downturn with the same assets in place, which most everyone is betting on. Now they've improved their position, which makes this look even better! Many companies were and are still working to clean things up. Like you point out, it takes time, money, assets, and the right people to get things going again, which it looks like many pieces of the puzzle are falling into place with mergers, filings, etc.

This is a long hold for the big pop with potential to add some change to the bank on the dips and then purchase more shares and maybe essentially making a killing off free shares.

I'm with you on your long term outlook... could be even longer. It's a small investment to buy enough shares to sit on even for a year that could in turn change your life forever. Just like gambling at the casino, though this is much more fun to me and patience is a virtue here.
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