GREY:CUDBF - Post by User
Comment by
coolwm082on Feb 05, 2015 6:52pm
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Post# 23401741
RE:RE:Only way is blame myself, bought this garbage
RE:RE:Only way is blame myself, bought this garbagePetro One is a good micro cap oil play, maybe the best on the venture exchange; you only have yourself to blame for horrible risk management. Take a look at the gold producers, down 80% at one time, oil companies down 60% a few months ago, pot ash down 50% last year. Commodities are volatile and venture commodity companies even more volatile. If you watch your stock drop 80% and do nothing about it, it is your fault.
I bought at 62! My first shares stopped out at .45 and I bought more moving into and up as high as 62, with the caution of a volatile commodity and whispers in the market of an oil fall. But I sure as hell didn't sit there like a deer in the headlights and watch it go to 10. Stopped out 3 times but never gave up on the company and finally started accumulating at 10, 10.5, 11, 11.5 and today someone gave me more at 12.5 this morning. Back where I started early last year. POP made my year last year and will again this year. MHO