GREY:WFREF - Post by User
Post by
KittFoxon Oct 10, 2014 6:06pm
362 Views
Post# 23020520
Lots of emotions here!
Lots of emotions here!Myself included.
Emotions should not drive long term investment.
LRE is just on the same wave as every other Energy company. Look PBT on NYSE (Texas drilling), same no brain analyst downgraded blabla to Hold.
Little story short, WJX.TO, start 2013, buy, 43$. Related to Alberta oil production + Mining equipment. Starts to drop to 31!!! *ARGGG* So, i end up doing an all in on my account and average 38.12. Set a sell order to 38.30. And receive the dividends, and tell myself... its strong. Keep it.
Then sell order just hit last month, ending up in a 7.8%/y (Because of DRIP) investment.
Energy is needed. Always. LRE produce. They have goods and lands. It will be back.
Im not gonna go all in this time :) But im sure ill hold them!!! History always repeats and in winter. People need ENERGY!