What Is Java's Best Move, In A Recession? rockit2: Thanks for your very kind works!
But I have not always been the most successful trader that you seem to have become yourself. I do envy you!
But I do want to become better. Income is so important to all of us, regardless of our age.
I am grateful to many on this Stockhouse forum, for the insight and knowledge that many have decided to share.
As old as am, I should have been retired by now. But my personal financial circumstances, still force me to labor, much longer than I had originally planned.
And it's hard to do, when we are so old and grey.
So clearly though I've seen it all, past recessions included, I haven't always been the very best of traders. I've often taken the long shot and it hasn't usually paid off for me.
I am tired of taking on the risk of speculating in many junior mining explorers. There are so many of them. Most appear to be cash cows for a certain elite. They have a high opinion of themselves but really give little of value back to their shareholders when it finally comes time for them to sell.
It's best not to lose all of your capital on a poor prospect, before they close up shop and start the scam all over, once again!
Many of us are played for suckers! And we can often loose a lot of cash!
But like all aspects of our lives, past failures, don't need to be a model for the future.
Like I said before, I now believe that to be the most successful, It is best to focus on real companies with positive earnings and that have the room to grow!
Big stagnant companies hold little promise as the better investment even though they may pay very healthy dividends.
Many smaller companies hold the better promise! But they must have the revenue stream that helps them grow.
No empty promises ever satisfy, for very long!
Companies without good revenue, or none, eventually fall by the wayside. Recessions do help, weed these out!
Those companies with a better growth profile do eventually outperform. But recessions don't usually allow, for their share price, to reflect their better value.
When I saw that Trillion Energy represented an extreme value, after doing some preliminary, due diligence, it struck me that this relatively unknown company, was the best one for me to buy!
Sure, I realize that Trillion didn't yet have earnings. But that is about to change and so very soon!
Their prospects seemed to be, so very good! And the company seemed so very cheap. So what better time was there to purchase?
I was wrong. I lost a few pennies on my original purchase. But longer term, it won't matter!
I will still make a lot of money. So will everyone else investing early, when it comes time to sell!
In times of recession, 'the wheat is separated from the chaff'.
It's a painful lesson to learn. And for some, it takes a very long time to grasp this most essential fact!
There is sucker born in every market. Recessions come and go. Stocks get over-valued.
Bubbles form and bubbles burst!
Trillion is not garbage. It's not a company, just to be cast aside!
I trust Art Halleran. He doesn't appear to be a pretender, promoting some false hope.
The junior equity market is full of these kind of unethical persons running such inscrutable companies!
Many people are easily duped!
I believe in the strength and character of Art Halleran. He doesn't sound like some, short term, idle stock promoter. He seems to be a man with character and conviction, someone with vision and having a real and substantive plan. He sounds so very excited about the company's prospects.
And he likes to work! He's not lazy! He sounds a lot like me.
His enthusiam is very convincing! He's practically, banging his hand, hard on the table, to let all investors know!
Some are listening. But what does a falling tree sound like in a forest? Does he have to light a fire?
Trillion's corporate insiders seem to be holding tight to all their shares. They are not selling cheaply!
And why would they choose to do so, if they really believe that their shares are so grossly undervalued?
It would make so sense at all to sell!
This is not some short term stock speculation that will amount to nothing!
The commodity price is as certain as it can be. And the Black Sea is already known to be awash with natural gas.
Art knows much about the geology of this region, almost as well, as the back of his hand.
Trillion holds very revealing data that took many years to accumulate and they have no intention of sharing it.
Regardless, there also seems to be very little, outside competition.
Pardon me for my unbridled enthusiasm! I hate to sound too preachy! That's just the way I am.
It always better get in early! But as always, the exact timing is your choice to make.
There are lots of good companies, still available to buy!
Just don't buy junk! That's was always, my biggest mistake!
All the best! Java