Candax Energy Inc CXEYF

Add on Weakness

[OceanRanger1]

Likely the last chance at these levels. First sign of any weakness but not surprising to see a little consolidation after yesterday's run. There is still a long run to come this would be an opportune time to top up. Maybe the last buying opportunity at this level?
 
I nailed this one and I have two other holdings that also have multi-bagger potential if anyone is interested. They may be of interest to others on this board because they are also small cap oil and gas and they are also on the launch pad. The only reason I decided to deploy my remaining capital here is because I knew cax would move quicker then the others.

The dream team of small cap oil and gas are cax, wzr and sdx. Now that's what I call diversification. I have sizable positions in all three. High-risk, high-torque multi-baggers all. On the horizon another that I like is vst but it's still early for vst - not ripe for picking yet. Take profits on cax first then maybe re-deploy some inflated capital to the others?? That's my idea anyway.

I have a friend who has been watching me play the market and he became interested in jumping in. As it turns out he has $9,000 in a non-interest bearing account of some kind. Well I thought that to be rather foolish. The bank gets the use of his money and all he collects is some dust. Wow. Buddy. Wake up. Let me show you.

Well he dragged his feet and missed his opportunity with wzr on a run-up so then when I started buying the cax he decided to follow me here. I picked off 210,000 shares for myself on Friday then I called him late in the day to tell him "do it now 12.5c and hurry markets close soon" so he bought his first ever stock market position with 60,000 shares at 12.5c. What a way to get your cherry popped. You never forget the first one right.

He has had his $9,000 sitting in the bank for a year with zero gain then he follows my instructions on friday and guess what - he is a very happy boy on monday. He just picked up $2400 profit in one day. That's a 27% gain in one day. Not bad. He thinks I am pretty good at picking stocks now. He is busy trying to scrape together more resources to top up and assemble a much larger position now. 

For any newbies checking out this stock the train is just starting to leave the station now. Can't you hear the whistle blowing. The journey has just begun but still time to climb on board. The journey will be long and prosperous. Pretty soon we are gonna have a train full of very happy passengers - don't get left at the station.

An exceptional management team at the wheel with deep pockets and strong technical know-how to solve all our problems, near-term production and on the horizon we have almost 1 tcf of gas (best estimate) waiting to be flow-tested at Chaal plus deep zones which were highly prospective and you can still pick this up for 15 or 16 cents. Wake up people.

Friday's volume was only 721,000 and me and my buddy account for almost 300,000 shares. I have been buying heavily from 10.5 cents to 12.5 cents and several of those days I accounted for more than 10% of the daily volume on my own. What's up with that? Freaks me out a little. Why is it that I am so far out in front of the pack? Why is it that so very few others have recognized what I see so clearly? Oh well. 
 

Pocket Aces. All-in.
 
Nice feeling going to the flop all-in with pocket aces. I like my position alot. We see the flop this week.



Run baby Run!



OceanRanger