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joseytheoutlawwales

05/19/16 1:21 PM

#9465 RE: fingolf #9464

Same here.

Today's price could be 10X higher than where we'll be when we drill next.

Sadly, the price during the most recent events was 10x lower than my first buy at .30.

I'm averaged down some, but still need a good 10x run to make any money.
Hard to throw any more at this when it could all be lost anyways.

But if we trend towards a penny I'll likely double my positions, and have cash in reserve to load again if we head into 00 land.

Tough to call. I think I'll just look at overall $ invested and whether I'm willing to lose more than what I have in now, and balance that against trading out of low lots from this range if we have any drill news/progress on moves to .06-.09.