Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

If you go back and examine the principles of a successful company you will find it has to have a product or service that generates revenue. We do not have that as yet. We do have the potential for that in my opinion but it will take time and that's why this is and always was a long term hold and is a gamble. We have to date not produced a drop of oil or gas. All the money we have gotten has been burned keeping this operation afloat. The tide is starting to change and we are getting closer to our goal of producing oil/gas for resale. Once we have produced any hydrocarbons we will attract investor interest and joint venture interest as well. The price of the stock in the pennies means nothing and has zip for value. One day the PPS is 20 cents and 4 months later its 2 cents. If you are in this stock to trade for pennies good luck and you will need a crystal ball for timing.
There will less frustration if you can resign yourself to a 5 or a 10 year hold and stop following the price changes on a day by day, minute by minute.
The goal I set for this stock was that my kids would have the task of selling because I'll likely be dead. I am here because I'm am old and need a hobby. Its something for me to do, besides grow tomatoes. Its the action that captures my attention not the price of the stock. The market of today is so crooked and has so many people looking to force you to do something stupid so they can make money on your mistake. There is no advise anyone can give anyone on how to trade because every situation is different. The goals and reason to invest in any stock can also change with time and requirements. Good luck.