TSXV:TLC.P - Post by User
Comment by
CravenRaven101on Sep 29, 2011 1:39pm
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Post# 19099700
RE: RE: RE: RE: RE: fall?
RE: RE: RE: RE: RE: fall?take a larger view of the world surrounding you to identify the reason for an overall collapse in the Junior O&G sector... by my estimate most are languishing at 50% or greater share decreases since 1-Jan... the story behind the junior sector is simple... it's specualtive... and in a market where uncertainty exists... the spculative stocks are the first to take the hit... and the last to recover...
It doesn't matter how well a company is being managed at the moment... how much cash they have on hand or how much they have added to reserves and production... (unless it is really, really good) fact is the secotr is infected with nervous nelly syndrome... and until the world's economic outlook becomes a bit brighter... the junior sector is going to be stuck in a devalued position... so...unless you managed to get liquid before the recent turmoil... the best strategy is to let it ride and go long on all you got...
it's MY opinion git yer own.