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Re: None

Tuesday, 12/12/2006 3:07:45 AM

Tuesday, December 12, 2006 3:07:45 AM

Post# of 51429
In searching IHub's public comments on HMGP, I have noticed some who may lead people to sell, under the premise that Hemi cannot continue to hold these recent gains. Take profits while you have them, they say. A retrace is inevitable, they say.

Be careful on what some say, because they only go by technical analysis of the charts. Those who are following this board know that stockcharts has errors that have not been corrected and probably never will. Given this, the TA will ALWAYS be thrown off because of these eroneous errors.

Furthermore, these same analysts have only 'browsed' the PR's at best. Not only that, as TA's, worst of all, they don't even know or understand oil and gas, much less leases and/or the equipment etc. that is related to the industry. They only know charts, and only know 'after the fact', using history as a guideline.

2 days ago, Keith sent me an email that included much detail. I have been allowed to post it, but have been hesitant, since it was somewhat overwhelming, and would be most difficult to 'digest' in one lump sum, to the average investor. Not only that, but without explanation, much of it might only get lost, on the less than O&G savy investor.

However, after much contemplation, I think it wise to begin revealing it now, as opposed to later, for one reason, and one reason alone: many have bought into this play and are contemplating when to take profits. People 'outside of the loop' would say to take profits now, using the wise 'any profit is a good profit'.

Though I cannot argue with that wisdom, I can argue that it makes no sense to sell for small profits, when much larger ones are still on the horizon. Trust me on this. I am STILL accumulating!!!

Ok...next post....



L~



"took me 3 long years to make a million bucks over night"

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