Post by
himmler on Nov 16, 2023 8:31am
A word of caution
I feel the need to post,as I have noticed some predictions by posters as to the "potential" share value of KEI in the future.
For the record I have owned KEI in the past,owned it since its inception,and sold too early.So I know of all the lofty predictions and "napkin calculations" of posters .
Bluntly put,they are all useless and the danger is that some here will cling to these predictions with hopes that they come true.$20 a share comes to mind .I truly wonder if posters here are aware that KEI has no qualms of selling its operation if the correct buyer becomes available for example.And the most important aspect is yhe price of oil itself.Has anyone realized how fast oilcos drop when the market even hints at a BBL price drop?Small companies like KEI are more vulnerable to price swings.
I know some here bought close to $6 and are now underwater months after buying.
Beware of posters here that " pump".
Nobody knows what oil will do..NOBODY.
I wish all here the best,but never fall into the trap where you want to " believe" all the good pumping and " ignore" the warnings.
Do your own DD is the only way to invest.Listening and reading posts by people you will never know or meet is folly.
I've done that stupidity in the past and it never ended well.