whatever, i am stupid. this is a very interesting post from the esso shareholder who traveled to korea. my people are trying to figure out her real name... enjoy.... sounds a lot like craig douglass...
hi brasco,
thanks for saying hi. I'm keeping quite busy with work and that's keeping me out of trouble.
I've been in this one a long time - well over a year. I have watched it run up to pennies and come down into triple zeros, trade sideways for months in that zone then recover and go into another run. averaging down was a decision that definitely paid off for me in the end. what a crazy year + it's been.
I made the decision recently to protect my investment and take the majority of my position off the table before it totally evaporated before my eyes, yet again. the chart was clearly showing a downward trend. I couldn't let that happen to my portfolio one more time. I do not regret that choice and it was the right one for me.
EESO is, once again, in rebuilding mode. it's hard to say when it's going to pull out of this with the increased AS looming. that development was something I never anticipated. It is obvious that many positive material developments (and the restoration of investor confidence) are needed to bring the SP back into the penny zone. I believe that will take some time, as growing any new company does. they have great products with new opportunities being presented to them regularly and globally. the potential for great growth is there if it can be managed properly.
I personally think EESO will run again, but that time may take a while. I believe the dust is still settling here and I will watch as things continue to unfold.
As always, IMHO.
cheers,
Thurston
