RE: RE: RE: RE: RE: RE: RE: Things that make you gYou are a long. You see the mirage in the distance, but you really don't know if what you see is real, until you get there. Good for you, hold your bag, and let's hope the cards play out, nothing against that.
At heart, I am long too, but in reality, I am a shareholder to make money. I am not here to invest my money, and sing koombaya, and hope we make it to our destiny. I'm here to capitalize on the long haul, but play the role of a tugboat and make money from every direction at every opportunity as well.
For you to take my historical words, and use them in present context is nothing less than nonsense. The present is the present, the past is the past, and the future brings mystery on which we speculate. This is the nature of the market.
You're made it clear, regardless of what is happening in the present, you are living in a boxed world where you opinion never changes and you are long. You are a dreamer, hoping for your dreams to come true, that's fine, I am not bashing on your viewpoint, I really could care less, I'm not here to hold your hand and reassure you everything will be fine.
I, am a realist and a strategist. SNV had a lot going. The cashflow analysis I previously conducted obviously points out the potential, which is still there. At that February time, everything seemed to be going in the right direction, and it took a lot to get there. Prior to February, I held my shares for over 6 months, strong and solid, building my position and buying on dips. Obviously, I am not a pumper and dumper, so please, keep your opinion to yourself.
March 9th time came, refineries were bombed. One of the largest refineries in IRAQ had a "terrorist" attack occur, putting them out of production for months if not years. I have a stack of every oil-related article out of the newspaper from the last year in my filing cabinet, do you? The neighbouring countries like Libya were going through their own turmoil - which continues to date. There were talks that IRAQ might pull alot of the contracts. Political risk is code red. Now I am a villian for pointing out a negative when it came along?
There was not much negative going on previously, we were reaching important milestones, and progression was occuring. Negative comes along, and you're telling me I should hold my shares, and not share the negative?
3 months later. SNV has their licence to drill. It seems like the trouble in the middle-east did not have the anticipated outcome of dampening security, instead some major contracts were recently signed protecting international investors. My insecurity has dwindled, because we went from the possibility of never putting a drill in the ground given the current political instability, to a licence in hand, and stronger security and need for oil in Iraq than ever before.
So, at the end of the day, please, continue posting your non-sense. I really don't need your approval. Perhaps you should keep a better eye on your investment, maybe if you shifted that effort, you wouldn't be so full of hate, and could balance your menopausal emotions, and perhaps your portfolio while you're at it.
-Millionvester