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tdbowieknife

03/11/11 11:23 AM

#266 RE: The great #265

Yea, doesn't seam to know much about gas and oil stocks.

At this stage it is about what could be there.
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YngvaiMalmsteve

03/11/11 11:35 AM

#270 RE: The great #265

Huh? Stock hovered around 70 cents to $1 with almost no volume for months during July.

Then it had a brief spike to 1.40, only to fall back to 1, again on very low volume.

Volume suddenly started pouring in early December, RIGHT WHEN THE MAILER PROMOTION STARTED. And the stock started steadily rising day after day, with the "inch-by-inch" stairstep action that is typical of mailer promoted stocks.

I'm old enough to realize all of the above facts, and old enough not to hide my head in the sand as you are.

Also you used a key word...POTENTIAL. Potential doesn't mean a thing. My arguments are based on FACTS....your arguments are based on POSSIBILITIES. Sorry, facts win over possibilities every time.

You're buying into hope. Buying on hope is usually a losing strategy.

Your argument here is the same argument people were making about this stock back in 2008, and those people lost a lot of money. In fact, your argument is the same argument people make about all sorts of mailer-promoted stocks. People buy the story, as you have bought into, and they eventually get burned.