88 Energy Ltd (EEENF)

[Beauneedsbiscuits]

I posted yesterday that I see this as a win win situation. A large part of me actually hopes there is no concrete information that comes out until next year. I for one hope that this goes down to where it was before all the hype started around the.004 range.

The fact is we know something now that most didn't know back in November. Based on some of their past drilling and what we believe is a good chance they have found some oil or that their leases have a good possibility of striking massive quantities.... We have a better than average chance of this company hitting oil and a stock price that goes through the roof. The fact is that most of us knew nothing about a small Australian exploratory drilling company back in November....BUT WE KNOW NOW!!!

If the company practically stayed quiet as to their findings, then the average retail investor will get impatient and bored and move on to the next stock and forced this down into the sub pennies. And most likely will forget all about it all together. If this does happen, Personal, Around November of next year I'm going to slowly Start Buying massive quantities of shares while it's still in the sub pennies. If they end up having another sub standard year then the worst case is I probly can't lose much more than getting in on triple 0 prices. BUT.. the other side of that coin is once they start drilling and some of those same retail investors start to remember and start promoting and pumping the stock again.... Any good news whatsoever I believe will once again pushes back towards the 8 cent range. This time around I got in around 0.015-.02. Imagine what my outcome will be if I put in 10 times the amount of money at 0.004.

I see this kind of like knowing for sure what 3 or 4 Of the lottery numbers are going to be. Worst case I win a few $1000... Best case I win a few million!!!