Candax Energy Inc CXEYF

Run baby Run

[OceanRanger1]

I will speak to the motivation of my earlier post. If it was perceived in any way as bragging then I sincerely apologize to the board for that because that was not the intention.
 
There are so many posters on these boards that don't even own the stocks they post on. I have held this POS for so many years I can't even remember. I think I bought some over $1 and my average was at 78c. This was one of my biggest mistakes I ever made and near the end I didn't even bother checking to see where it was trading. It was a complete write-off so I dumped 20,000 at 6c just to get something back.
 
This company owes me alot of money and I have sufferred years of humiliation to be holding such a POS so now that our white knight has arrived to save us all - excuse me if I jump up and down and scream out uncontrolably. Pardon me for allowing my emotions to run wild. It's my dime and I can say what I want. 
 
This deal is like a construction company picking up a fixer-upper house to renovate and unlock the full value of the asset. That's what we have here in my opinion - the fit with our new partner is just a match made in heaven. This is what you call a win-win because Candax was insolvent for a long time already and the bank could have turned the lights out anytime so were just lucky to get a life-line. 

Our new partner picked up a nice portfolio of decent assets at a fire sale price. This is a done deal because they would be fools to walk away from such a sweet deal. No chance this deal doesn't fly.

Anyway to get to the original point I was trying to make I understand that there will always be some degree of chip envy for investors. I have a large position in another company and I thought I was pretty big but in private correspondence with another poster he announced a position that dwarfed mine and I thought "wow that guy must be really rich with that - then - i thought I had alot but I guess I don't - then - i wish I had his chip stack to play with" so I'm jealous for obvious reasons. normal response and completely understandable.

So it is not so much to brag as to show that my money is where my mouth is. That my commitment is strong and I am not just spouting off about something I don't even own. This bulletin board is full of people who are seeking information to make an informed investment decision and for the benefit of all the posters I have presented my opinions in a company that I know well.
 
I believe strongly that this is a multi-bagger from here and I am making the call in a public forum so there is a record of my prediction and it is known the level of my commitment is strong. I can assure you that to some my 200,000 shares is not considered a large holding at all.

No matter how much money you have someone will always have more. That's just the way it is. So what. I didn't get mad when the guy told me how large his holding was. I think the larger chip stack deserves a level of respect though. Chip stacks don't fall from the sky so maybe I am the fortunate one to have the ability to correspond with that individual. He has made some better moves then me to get a chip stack that dwarfs mine so maybe I can learn something from him but maybe we can learn something from each other too. Just my way of seeing it.
 
In a forum like this we all benefit from each others points of view and big or small matters not. These boards are awesome and I just love them. The one thing that ruins these boards is when the posts become personal.

Everyone is entitled to their own opinion and there is room for all of them. There is a buyer and a seller for every share traded so that is what makes a market but there is no room for personal attacks of any kind.

I have absolutely no technical knowledge on oil and gas, I am not a professional trader and my track record is not good. I have made many bad choices but not this time so if you accept my opinion you will buy with confidence at these levels and if you don't that's ok too.

I think we gap up in the morning after the news comes out. Time will tell if I made a good call. 



OceanRanger