Ivanhoe Energy Inc. (fka IVANF)

[why_meil]

Me too but dayam! This is getting painful to watch.

I keep buying on the dips to average down but the gap is still too wide. I have 10,258 shares at an average cost including commissions of $1.47. So I need almost a 60 cent gain from here just to break even.

But I'm not going to sell. I started buying this back in mid Feb 2013 for a reason and thought the shares were cheap back then. But on that initial lot purchased I'm down 59%. Bought 15 additional lots since then and picked up 1300 more shares yesterday @ $0.9148 ... and already down on that one too lmao! I just can't catch a friggin break!

Buttttttt, putting fresh powder in my broker account for another cheap purchase perhaps next week when it's at 80 cents or so. Should be around that at the clip its falling. Can't catch that falling dagger! My fingers are all sliced up and blood is pretty slippery but I still think if I keep the faith I will be justly rewarded within a year or so. Will just see how this thing plays out.

I hope management isn't lying about their comments a couple months back regarding progress with regulatory approval and the financial partners. They were predicting good things second quarter and this Summer. Well the second quarter is about up and no news. But Summer just started 6 days ago so there's still a chance for good things to happen!

Best of luck to all the longs here!