RE:RE:RE:RE:RE:RE:Back in.......Cr getting cheap!gonatgasgo wrotw:
"With all due respect, people on this board have done extremely well. "
With all due respect.......it serves nothing to ride a stock, any stock all the way down from $20 or $10......all the way down to mere pennies and then ride it back up (especially if you did NOT take advantage of the lows!) to nearly the same price, only to ride it back down! What purpose does that serve if it's not a BIG waste of time? The KEY here......is knowing when to GTHO & when to GTH back in......actually turning a profit and making your investments work for you as they should.
And i only say this because there's a lot, and i mean ALOT of bad investors who followed this dismal path.....and continue to do so without learning anything. This isn't the 80's or 90's anymore when you can buy & hold based solely on fundamentals.......the algo's that came in, in late 90's early 2000's killed that buy&hold strategy that worked so well in the past. Yuo do that now, you will get slaightered, especially with commodity dependent stocks like Crew.
" I do not recall anybody looking for a $20 stock price. It has only been mentionned that the stock hit that price in the past."
YOU may not recall or wish to not recall or admit BUT i do recall & remember. Because i was arguing with the whole damn board and with guys like The great Cheetos & Nagger....and a few others. Just go back and look for yourself. $15, $20 and in excess of $20 were mentioned several times by many on here. Only yours truly, The MoMoMyster reigned supreme & was evtually 100% correct.
As for people doing well on CRew, it was all because of me! When i came back into the Canadian O&G stocks in 2000, after many years of avoiding them, fthe first two intial investments were Painted Pony at 0.25 cents and Crew at 0.13. The PP forum was on fire because people like Nagger were complaining & balling that they lost a fortune but the Crew board was completely dead......dead silent with absolutely NO traffic.
In PP i got in right, very late right at the exact perfect moment because i had called it months weesk before they were about to get boughtout. Even though they got taken out cheap by Canadian UnNatural, i still made off like a thief whereas everyone else was deep in the RED & took a BIG FAT loss on it. The smart ones followed my advice and went all in when i told them to.
As for Crew, i already had a decent investment there, and when PP for TO, i took that investment & doubled down there. And i told anyone & everyone that would listen, many times CREW was the place to be, as it was dirt cheap. Again, if you were smart & savvy, you would have listened to me and done ths same thing i did. which was go ALL IN on that one at that time. So MANY folks.......and i mean ALOT of investors, many of whom still post on thse boards have ME to thank for make a "smalll fortune" on BOTH those companies.......
THOSE are facts.....and arent debatable.....
Hopefully.....those here are smart enough to listen this time around IF you want to come out of this with a profit! That includes you Mr. gonatgasgo.....
GLTA