GREY:CUDBF - Post by User
Comment by
Georgeboy11on Jul 28, 2011 10:21pm
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Post# 18885706
RE: So, help me understand....
RE: So, help me understand....Hiker, unlike many of you here, I got in @ the $2.04 mark yesterday. I haven't sold any of my shares today as I did a lot of DD, both before and after, my purchase, and I believe that mgmt is very experienced in what they're doing!
The bounce from $1.30 - $1.54 was an example of just how quickly this could change in a jippy! I equate this drop as one that's similar to how t.TRE performed a few months ago. TRE has made a nice comeback and I see POP as doing something similar. Look @ v.CUU and v. AAA....they both made NRs earlier in the month and both dropped as well, but have since rebounded.
For me, since I just got into this game, I think that we have some new buyers here in the $1.30ish range and onward.
As I posted yesterday and today, the oil/gas game heats up in Sept - Dec. Get in now and hold. NOw, if this dropped happened during those months, particularly, in NOv, which for most oil/gas players is their prime month, then I would be very skeptical of the company then. so, I will hold and prosper, I guess. ( Just for fun, t. CNE is showing signs of bullishness...one would think that they've started spudding their Capella wells....with results in Sept/Oct.)
George