Replies to post #16592 on Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

Vegas you play with dollars and the odds are against you but even in Vegas people win, not often mind you, but they do win.
Now we are talking stock. The only ones that can lose all their investments are people that short because because the stock can keep rising creating never ending losses. Even a smart person that shorts covers their bet with an offset buy. Hedging your bet is what hedge funds do.
When buying EEGC stock at 3 1/2 cents the bottom is not zero. Its some number above that and that to means the downside risk is limited, not so shorting stock.

[wshaw14]

Earnest, "With only a 2% probability of a viable economic
well ..", obviously many here do not believe that or we would no be here.