InvestorsHub Logo
Followers 12
Posts 871
Boards Moderated 0
Alias Born 10/02/2006

Re: REAZO post# 42438

Thursday, 12/18/2008 10:17:03 PM

Thursday, December 18, 2008 10:17:03 PM

Post# of 51429
Because there are those who insist upon overstating and making things seem more urgent than they really are, whatever the topic.

It was pretty clear as the Collins developed that it wouldn't bring any ROI anytime in 2008.

It was pretty clear in October that a horizontal well program wasn't going to bear fruit until early next spring at the soonest.

It has been pretty clear with almost anything coming from HMGP this year that the ROI wasn't going to happen anytime soon.

Yet for some reason many here insist upon making it seem like things are always 'right around the corner' or going to happen sooner that they likely are to in reality. This has been going on for a long time. It is this don't blink propaganda that has caused many to make poor investing decisions in what has been an 18 free fall in the stock price.

I dare say you've been a victim of it yourself, or am I wrong? Do you think you would have 'mis-guessed' the bottom quite so many times if you hadn't fallen victim to some of this false enthusiasm?

This is a stock board. There is only one decision to make about a stock. BUY, SELL, or HOLD. HMGP has been a SELL for a long, long time. Most everyone still here was unfortunate enough not to realize that, myself included. Has it gotten low enough that it is fairly safe to call it a HOLD at this point? Quite possibly. Is it a buy yet? Hmmm.....

But you have to ask yourself what the motives are of those who have wrongly been promoting HMGP as a BUY incorrectly, whether directly or indirectly, for so long and likely continue to do so.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.