Post by
trevor1970 on Feb 28, 2012 2:04pm
Nice run!
I sold 2 weeks ago out of world economic fears, this is a good company that just keeps on drilling. Good luck to those who are in for the long haul! Stupid, Stupid, Stupid!
Comment by
larsen6 on Feb 28, 2012 4:16pm
Hey Trevor: We all do this. I sold the last of my MEL only a few weeks ago at $3.80. Had 20,000 shares at one point. Only made a little bit of money on it in the long run. Lots of good E&Ps out there to invest in to make you feel better. Cheers.
Comment by
larsen6 on Feb 29, 2012 3:57pm
Likewise. Downside risk is nearly zilch from current level of about $3.45 as I see it. Will continue to nibble away on any weakness. L6