InvestorsHub Logo
Followers 7
Posts 1101
Boards Moderated 0
Alias Born 11/07/2003

Re: None

Wednesday, 08/05/2009 10:24:29 AM

Wednesday, August 05, 2009 10:24:29 AM

Post# of 10911
My thoughts I believe to many people will dump or have sell orders in place if we start a run to eighty or ninety. I think a lot of people want there money back before drilling and have free shares. I have over 100000 at .31 avg. I have not sold a share and have been buying for six years. If we hit .90 before drilling it would be hard not to sell 50000 and get most of my money back. I would have eighty plus thousand shares with alnmost o share cost. If we hit proven oil I could buy back 1.00 or so on proven. I might be wrong buy just my thoughts. I hope we run to 1.00 or so before driling. At .70 or so I will ride this out but .80 or .90 I will think real hard about selling some. HAPPY INVESTING

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.