GREY:LSTMF - Post by User
Post by
jerrybeon Oct 01, 2015 10:21am
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Post# 24153045
Speculative buy
Speculative buyJumped back in to average down MASSIVELY...first purchase in two years. The insider trade made me do it...what a sucker!
At this point, I view it as a total punt and my investment is tiny....
I also took the plunge on PWE. Today's asset sales just highlights how much value that firms still hold. I expect a double on PWE. But buying highly leveraged firms is a risky proposition. Oil prices remain low and could remain low for a long time.
My favorite name remains SGY.TO. I have added a lot in recent months. I also bought ECA and CLR among the larger players.
The one I am toying with (pure speculation) is MEI (on the Venture exchange)...but they are a really speculative buy. Good luck to you all!