GREY:ROAOF - Post by User
Post by
marexxxon Jan 05, 2009 7:14pm
609 Views
Post# 15683825
What I don't understand.
What I don't understand.Most of us are down 90% - 99% of our initial investment in OIL, why would anybody with those kind of losses sell now and sleep well at night? money what's left are peanuts compare to money what's already lost.
This thing is far from over, there is a lots of talk but nothing official so far but even if Oil North Sea go under Administrator OIL.T will still be operating, even shell companies with absolutely nothing are worth .50 - $1.00.Watching this thing crushing like that is devastating enough, but selling now and then watching miraculous recovery (still a possibility) can be to much for anybody, I couldn't live with that.
At this point I'm expecting nothing but hopping for the best, good luck to all.