Replies to post #12233 on Diversified Oil and Gas Holdings (DVFI)

[futrcash]

For accuracy's sake....
BIGN has traded under .02 numerous times since Grimes#1 came online.
Grimes#1 came online over a year ago in the summer of 2005 with great initial production.
The long time longs(those here over 12 months)Have had quite the roller coaster ride.Myself included.
BTW I still hold most of my shres as they're restricted.I cannot sell even if I discovered this company is taking unfair advantage of its shareholders trust.
This is the primary reason I do hands on research.BTW management asked me personally if they could use my Grimes site visit photos in their presentation to Texas Oilfield Companies when they were doing their initial contacts.
Hope to see evidence of REAL Progress when I revisit Grimes this coming weekend.

futrcash

[arch_oil]

pennimom true long ? and you flipped at .07....true longs don't flip for more shares. They hold providing support. That's what I've been doing obviously to your advantage. True longs ride the waves and sell only when profits have been acheived, not in some spike on news. I take profits when my profit limit has been reached after a full consolidation has taken place. I don't sell into runups to buy more shares, that's not greed nor stupidity, just the way I like to play stocks. When I sell I make sure I can get my price. I don't sell when I hope to get my price because all that will do is trash the stock. Selling on waves of volume and unsupported spikes just sets the PPS back further in the long run. Like you said start playing this stock as a momo play. I'm playing this stock as a long term investment in a stock that could turn 350K into 3.5M. Whether it takes 3 months or three years, I don't sell until my target is reached and reached on consolidation. Meaning when I sell I don't trash the price and I don't sell into waves of volume or price spikes. Call me stupid, I guess that;s how my net worth is over 12 million.

[lakers17]

Pennimon, I see everyone continues to believe that investing is a team sport. Lol If lucky someone can believe 10% of what is written on these boards. There is no right or wrong with the way anyone trades. Everyone trades in their own best interest. Fools are the ones who hold and never take any profits while still holding some core shares, especially with large positions and gains already in place. There is so much fraud and manipulation on the OTCBB/pinkie market not to do so.