Long Run Explor Ltd Ord WFREF

Something to consider with these types of investments...

[sapiensunus]

What to do… the most common question on investing. First and foremost you should have two portfolios… one retirement (we understand that that means real estate, bonds and income funds or etfs or equivalent).  The other for deep appreciation or depreciation (SP) depending on your long or short flip flop “so to speak”… investments.
With the later…
·         Be patient.
·         Always consider seasonality.
·         Always have cash in reserve.
·         Establish a position on a stabilized bottom of a well- managed company. As with all commodities, especially gold and oil… they move more like a tortious than a hare. Technology and Pharma are a different story. With oil we are not quite there yet, but there is nothing wrong with initiation here.
·         Be prepared to exit on bad news. Bad news on a falling stock takes a while to get good again – if ever. Management that sets targets and never meets them on a consistent basis is another one.  Also, management that pulls the “shimmy” must also be avoided. For those of you who don’t understand “shimmy” aka lie. That means you must be willing to take a loss. Good management will treat the shareholder like a partner rather than a source of revenue. There are things that management will do to support share price. For example, cutting the dividend, increasing internal efficiencies, reduce debt and buy back stock on a downturn. Shares bought on the inside are a good sign as well, but they need to do more than that.
·         Be willing to complete your target share count when the commodity starts to show a solid recovery by higher highs and lower lows after a bottom build.
What’s starting to worry me here is the fact that the general market seems to be taking a breather…. , but for oil there is always that summer driving season.
As always…Keep your cash handy and your chin up.

GWH