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Re: obukid post# 5981

Wednesday, 07/29/2009 8:36:20 PM

Wednesday, July 29, 2009 8:36:20 PM

Post# of 10911
OBUKID - The ERHC press release only confirmed what we already knew. Two rigs in route with a confirmed August time frame. Without volume we stay in the .69 to .71 range. After .72 there is little resistance before .90. My advice to you is "Don't Ever" invest more then 5-10% of your portfolio in the pinks. There are a number of good big Board stocks paying 10% or more in dividends. Overall advice is to maintain a long term, balanced portfolio and don't be afraid to take profits and/or unload any dogs you may have. Use the stop loss capability on larger exchanges. Chinese energy and mineral big Board stocks should perform well over the next 5-10 years.

Good Luck.


JMHO

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