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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Lightstream Resources Ltd.
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Comment by PeterWrighton Oct 09, 2015 11:04am
130 Views
Post# 24179122

RE:RE:RE:LTS could rise like PWT if...

RE:RE:RE:LTS could rise like PWT if...There is nothing wrong with selling. The hardest part of investing is knowing when to sell. You need to stay very disciplined. I normally allocate 10% of my portfolio to Canadian oil and gas. I went as high as 20% when oil dropped below $45. With the recent uptick in oil, it is now 30% of my portfolio so I'm selling shares to return to the 10% mark. I will overweight again when oil drops backs to the $45 range. Nothing wrong with taking profits. Too mnay people have held bad companies way too long, myself included.
Stay disciplined and good luck.
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