When the going gets tough Well...here we are. I was able last few weeks reduce positions and rebuy in and average now approx. 10 and some change on my effective price of all share count. Did not expect a penny so my calculus has missed the mark and once again find myself at crossroads in this prolonged oil crisis where felt world was falling apart. I recall going all in mid 2015 for approx half a million (multiples shale stocks) and saw that evaporate to low than 100k during 2016-2017. Few months later mid 2017 was back and up to 1m. Now almost 2019 and in span of past quarter have seen drastic repegging downwards and now compounded is fact monthly cash flow like Sahara; question remains how long will that persist.
What highlighting is that volatility often presents many opportunities and thrashings and that timing and patience can yield endless possibilities and outcomes. Despite negative situation I feel most alive past few weeks than before during better times; this feels more raw and tangible and I feel propelled to buckle down, stick the course and do whatever it takes to keep adding to position.