Sorry...I didnt see this letter earlier.
Well, I wouldn't say rgno bounced, but people I trust are starting to come back to the board. I still hold a position there and am hoping for a bounce. Needless to say, I'm watching it. If you have any thoughts about buying, we're potentially right around the new bottom.
nvmg is really on the up and up...I hope. A lot of people are saying that it has a lot of the same characterstics that hmgp has, and hmgp is a great company...I hope.
Hmgp is at .49, and nvmg is at .016. Obviously, if nvmg makes it to the same level as hmgp, then everybody in now is going to be in high cotton. I bought more nvmg today, and will hold for a while.
There are so many of these domestic oil plays that it's hard to keep up with.
I've been trying to buy kmcp, but ain't nobody selling. Literally no shares traded hands today.
I'm keeping an eye on alry, another oil play.
I'd add them all to your watch lists, plus any others that interest you. After watching for days and reading posts, you'll start to get a feel for a company, and will start get an idea of when to buy.
In my opinion, now that I've been doing this for a whole month, I'd say it's more important to know a good entry point in a particular stock, and couple that with a solid exit strategy, than it is to be able pick a massive winner. You can blow an entry point on the big one(if it is a big one), then not know when to sell, and it's all a waste of time and money.
Hope any of this helps.
