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Re: Big Mur post# 41099

Tuesday, 10/28/2008 5:33:25 PM

Tuesday, October 28, 2008 5:33:25 PM

Post# of 51429
For me holding onto my HMGP shares has been the least smart thing I have ever done in my entire life. I regret it every single day. I've been able to weather the situation ok, but I know a number who haven't been so fortunate.

Financially the drop from .02 to .01 would be the same magnitude loss as we had from .40 down to .20 for people buying shares now. For the rest of those who have lost 90+% it seems the consensus is that it isn't really worth selling and I agree. The volatility at these prices and admittedly low market cap don't make it worth messing with in my opinion.

However, I don't think it is going to change much any time soon. I stick with my opinion that HMGP will continue to go nowhere into 2009. I got crucified with nasty PMs from many sources a few months ago when I said the Collins would take many many months before it started to affect the bottom line or share price, while others said a deal for marketing the gas was imminent. I'm still waiting.



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