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Re: kelseyf post# 24838

Saturday, 11/03/2007 10:28:05 AM

Saturday, November 03, 2007 10:28:05 AM

Post# of 51429
All things considered-AND I AM STILL LONG-not one penny more will be invested by me in HMGP until I get more fundamental info directly from the Company AND there develops a new uptrend in stock price. I must put new capital into energy companies that are more fully participating in the bull market for oil and gas than this one is-and most of these companies will be non-U.S. I think the move away from oil pricing in dollars will accelerate, which will put U.S. oil companies in a bind where costs will be in dollars, but oil will not be longer-term. And to be brutally honest, I will sell enough shares on the next uptrend to recover my money from the last purchase I made so as to diversify as stated above. I am convinced that a financial calamity for this country is coming, and it may be that the thing that will save many U.S. resource stock investors is being bought out by sovereign country funds or by China or even India outright. China will probably use our own dollars "against" us in that vein. I take no joy in writing this, but there it is.
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