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Bullboard - Stock Discussion Forum Bri-Chem Corp T.BRY

Alternate Symbol(s):  BRYFF

Bri-Chem Corp. (Bri-Chem) is a Canada-based oilfield chemical distribution and blending company. The Company is engaged in the distribution and blending of oilfield drilling, completion, stimulation, and production of chemical fluids. The Company offers a range of drilling fluid products from approximately 25 strategically located warehouses throughout Canada and the United States. The Company... see more

TSX:BRY - Post Discussion

Bri-Chem Corp > Risk vs Reward
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Post by Chefboy69 on Nov 18, 2022 1:43pm

Risk vs Reward

10 years ago i would have bought this stock thinking it would have gone to 1.00

now i have learned to weigh the RISK VS REWARD

i bought this at 0.15..the only risk was that the company would go bust...I looked at the history.
They did not dilute over the oil downturn( 6 years) 

so i loaded up and bought 20,000 shares at 0.15
i sold those 20,000 shares for 0.72

a very nice profit...

always weigh the risk vs reward...Are you more likely to lose or win

it comes with experience

good luck all
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