Petro One Energy Corp CUDBF

RE: RE: DOWN SHE GOES

[cavedude]

Lack of knowledge of the market is a basher's main downfall. We are in the repeated annual pattern of the market to tax loss sell. I don't quite understand why people tax loss sell unless they have made a rediculous amount of cash on their other stocks and they are trying to reduce capital gains. However, this backfires as when an individual sells a position, they can not buy it back untill 30 days after selling in order to realize the tax loss. This can create a buying frenzy at the end of January when a lot of the stocks the tax loss sellers who dumped try to recapture these stocks - good for the longs and informed investors as the stocks will go up. Kudos to the posters here that realize the actual plan of this and other companies out there that have resources, have cash in the bank and great management - the 3 most important factors of any stock - which equals higher SPs in the New Year as the resources are proved up and NRs are released.

I don't need to rehash my previous post regarding analysts being wrong most of the time and bashers being wrong pretty much all the time. Asinine predictions of a stocks future saying it will drop down to a rediculous level are laughable. For one thing, shorters have a finite opportunity to make money. The best scenario for a shorter is for a stock to hit zero. That will never happen as other shorters will hit a point where they must cover their short position which creates a short squeeze boosting a stocks share price. If this coincides with a positive NR, a quality stock begins to push up breaking through 10 day and 50 day moving averages and up she goes. I personally don't care about December stock activities to begin with, especially this year where the EU crisis has created nothing but buying opportunities as all the stocks I follow are completely undervalued and are ripe for the picking. Those without dry powder are feeling the pinch, however a bit of patience is rewarded if they hold till they realize a profit.

Like any stock, its a time game and most people in our real time environment just don't have the patience to wait for a stock to rally when it is its time to do so. They expect that just because their internet speed shows a level 2 quote that drillers should be moving at mock 5 and produce results on a daily basis - ain't gonna happen, drilling is a physical realm, not digital. This just causes more artificial selling giving new buyers the opportunity to get in cheap and profit off of others impatience.