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kelseyf

04/15/07 9:21 AM

#8705 RE: lowman #8704

Yup...it all part of one's strategy. Bottom line: even with the best of the best, if you do not have a trading strategy and keep committed to it, one can still get burned even with the best.

My strategy is in place with all my O&G's....I have been successful to date utilizing this strategy with HMGP since Dec/Jan...I know my points and, as you, I will stick with them. I will not get caught into the emotion that goes with the ride.

My example of a successful strategy is Hemi....to date I am riding free shares.....this was my first objective when I took my position in HMGP back in early Dec.. My next objective is to look back on the Hemi experience with a very nice windfall!!!

Kels
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vtbound

04/15/07 7:49 PM

#8723 RE: lowman #8704

Yup and any weak hands or dinner money profit takers shares will be gobbled up. Per 12/12/06 pr-

"More than 70% of Hemi's stock is closely held by management, institutions, lease mineral owners and large investors. Therefore, this group of investors has a long term goal and is not significantly affected by short term market price swings"

I will ride most of mine along with the long term pros as i want to have my dinner in a different zip code :)
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vtbound

04/15/07 11:42 PM

#8724 RE: lowman #8704

Devon and Hemi have at least one common interest- Cotton Valley Formation

http://www.thestreet.com/pf/newsanalysis/energy/10322183.html