Hard earned lessons from that and many other stocks... hence, swing trade and ride free long term...blend trading with investing.
When even "high grade" banks and all manner of tech stocks etc can crash to zero, risk is clearly everywhere. Given the tech meltdown, the global financial meltdown etc ... HDY doesn't seem as risky to me as it evidently does to Jim Cramer.
One thing that I never lost faith in over at least 7 years...the Guinea concession is LOADED with hydrocarbons IMO. The Watts had their flaws, and I tried for a long time to get them to change some things, like IR "CONsultants". But, the Watts got us where we are without a reverse split needed...could have been much worse.
I hope HDY is THE one that's a lifetime game changer financially over the long haul.
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