1970Craig wrote: I gave you a thumbs up . I actually don't know what else to do ? I want to never be mean , or say anything to anyone that might hurt there feelings.
Posting I sold half , was certainly to not look smart. Or gain faith in people. It's more personal in nature , and that is the people I enjoy the most on Stockhouee , this board , in life ! Are the ones who don't only talk About there victories , I felt soon after the market closed on Friday I had moved to soon .
However , I made the move with intention. I was never going to be 100 % in oil and gas forever . I have said why I sold half my position. No one can tell you to the day when Black Monday was going to hit , or the day the big money gets pulled out of equity's , the general market , taking oil and gas stocks with it temporarily. No one !!
If I want to sell my oil and gas stocks to get into a bank stock with a 6 percent dividend for instance ! I will likely take a hair cut on the position I am selling , and I likely won't get the most opportune buying opportunity , because everyone is selling , and everyone is buying . So whatever I lost here , I have faith I will get it back down the line .
I am pretty sure lots of people would tell you to lock on your profit , if you doubled or lots of people would tell you to take out your original investment , or get out entirely , if say there was other good opportunities, like land . I like property It's just expensive , however there are some awesome opportunities coming there too .
These feelings I have for the potential in blue chips , such as bank stocks , others , or for land , are the exact same feelings I had before I got into oil .
No one ever became a good sailor in calm waters. So the real learning is done through error.
I wish everyone a wonderful day. Oh and yes Whitecap is a hell of a buy at these prices , and you will double your money in the next 8 to 12 months if the variables stay the same or close with the supply and demand , and the political environment.
Do your research. Don't ever listen to me. If you read my posts regularly, I say this often.
If you do listen to me , well your crazy. But your doubled your money , half on cash crazy.
Mike drop !! Lol.
Craig.