Yup..but you identify an important point...these are emerging companies and hence the play can be difficult.
RGNO is a prime example...in the long run RGNO could play off big. The problem is that too much emotion gets involved with these emerging stocks and the result is the hude daily PPS swings. Human nature can be your it worst enemy is this senerio it often influences poor decisions in this type of PPS environment.
O&G is a good place to be and IMO will pay off in the long run. long term I go with the O&G plays supported by fundamental...my short plays are the momo stocks based on daily chart action. This is what works for me, it all a matter of tolerance.
I agree with the need for the U S to get our domestic production up so we can be more independent.There are proven areas of reserves and this seems to be a good one I also see this as an opportunity to lock out the MM's and the shorts. Just don't get jumpy. Hang tough and enjoy the ride! This may be the one in a thousand that skyrockets. GLTA
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