Jag, not a bad post. I do have a couple of comments though.
1. When someone else opens the door and tells others what to do, I am free to do the same, and actually challenge that person to abide by their own advice. Additionally, you and I both know that there are those who poop and scoop. They too, should be addressed. I have no problem with exposing those types and telling them to hit the road (as well as alerting the SEC for their illegal market manipulation).
2. I too wish I sold at .15 The market is daily full of woulda, coulda, shoulda. I do not live in that world except to learn from it. One cannot exist in the investment market dwelling on these without becoming bitter and angry (we've seen too many off these on this board). Hindsite is always 20/20 but we can't use hindsite as current prooftext as what to do in every situation. For instance: I coulda sold at .15 and bought at .01 and have 15X the shares! The real fact is that that statement is made with perfect hindsite knowledge projecting present/future action. It never happens! It's a woulda, coulda, shoulda mindset. History and management history do play a huge part at what one could decide to do, but I don't play those games. They are not profitable and only sap energy.
3. I haven't flipped this stock. I was in this for the long haul as I believe it will only take one or two wells for EDEX and PIP to actually become something . I understand and see how it can become a respectable company. All it will take is for those first 2 wells/fields for the doors to open and they take off. I also am willing to wait with my investment.
4. I too agree that the case with most pinkies is nearly all hearsay which is why I've tried to take great pains to, as Badge put it: "trust but verify." I've also been very clear that EDEX is an extremely risky investment. It may or may not payoff. Again, because of this, I try to verify.
5. I've made it very clear that there is much info I do not know. I am not an insider. I've never proclaimed myself a know-it-all. That said: When a poster proclaims there was never a drill in mesa or a permit pulled, it is not a know it all who responds: Yes there was a drill. I was there!, I went to the county office and saw the permit! That is not a know it all. Oh sure, he/she can be labeled such, but that only comes from, usually, a bitter, prideful response of someone trying to lick their wounds from being exposed as wrong. Pride on this and most boards is the (IMO) worst problem that exists, far more than hearsay.
On less verifiable issues, such as a pump that is late, a person can complain or proclaim its a pump and dump, but I spent the time on the phones with several of the operators and have verified from multiple sources. If the delay is due to one partner taking too long to pay their bills, I verify this from multiple sources.
It is not a know it all who says what he/she has verified by multiple sources. It is only those with no DD who are proven wrong time and time again who are those who usually begin the insults of labeling someone a know-it-all. I take your post as someone not in this category.
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