GREY:BXEFF - Post by User
Post by
Snowhouseon May 28, 2018 6:54pm
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Post# 28090910
Unwanted Panic in the market
Unwanted Panic in the marketApparently, before heading for a huge upswing a group of MMs creating a panic in the market to get cheap shares.
Crude Oil and NG are essential commodities which are not unlimited in nature. If they are drilling excess quantity today, there will be a shortage tomorrow.
If investors have cash, they should buy and hold at this point IMO.
If already invested, don't panic and loss sell. Hold it and trust it. We are not paying something crazy like in 2014. Most of the O&G stocks are available at a fraction and below book value.
Today or Tomorrow the market sentiment will go up and bring higher stock prices.
If it is too much pain, please stop looking at the stocks for a short period and take a nice walk or enjoy nature. Don't sell for peanuts. 2014 was a different period and 2018 is a different time.
GLTA.