Mat-Hog, PP @ 2.50 & EgoLol!! fair enough on the ego. IAE has been my big winner and I guess I am a little proud of it. But point taken. If you want to clock my picks look at my portfolio. I own or have owned most of them. The stockhouse porto is based on buy & hold but I made much more trading along the way. Sold a couple too soon.
On pp, it's just a guess but I think (and so they have stated) these guys are thinking big in a buyers market. Lots of companies are scrambling to leave the North sea out of the same door. Great time to have some money. + They need to keep money to develop their stuff.
I think they will both get some debt and more equity money to become a major player in the North Sea. these guys can execute. 80% can't.
I am sitting on the rest of my stash until somewhere in summer or when it hits my price target.
Cheers,
R.