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Petromin Resources Ltd. V.PTR.H

"Petromin Resources Ltd is a petroleum and natural gas exploration and production company in Canada. It is focused on its core operations, which include oil and gas producing properties in Alberta, Canada along the Western Canada Sedimentary Basin. The company owns an interest in Frog Lake area which consists of oil deposits, Gilby Property, Morningside Property, and Redwater North property."


TSXV:PTR.H - Post by User

Bullboard Posts
Comment by ragingcanadianon Apr 19, 2011 10:50pm
140 Views
Post# 18457962

RE: RE: RE: RE: RE: easy

RE: RE: RE: RE: RE: easyIf greed were more powerful than fear than why do market crashes take hours maybe days. Yet bull markets rise over months and years.

People get spooked and head for the exits far quicker than they buy a stock. People buy on greed. They believe they can make a dollar and invest after (hopefully) proper DD. But if they think the price will crash they sell faster than you can blink

That is why FEAR is more powerful than GREED. You should know this. It is a heck of allot easier to convince somebody to sell and save profits (or stop losses) than it is to get them to part with their money in the first place

But then again you spent 11 months posting negative on a stock you own. So I wont bother analysing you.

By the way I agree on some of what you say about PTR. Dillution is a problem. However the .08 cost is well within the realm of risk most of us are prepared to take. I would prefer to invest directly in TWE and I have my reasons not to go for EE, so I am left with PTR.

I dont post allot on these boards anymore. More of a lurker. I just find people like you to be interesting in your contradictions. "I own this stock but its a POS"

Instead of doing this why dont you just do what I do when I end up with a stock I think is a dud. Shut up and wait for an opportunity to unload.

Have a nice trip

Rage
Bullboard Posts