Bowood Energy Inc V.BWD

News Pending?!

[OilandGas4]

This recent move up on share price bodes well. I believe a news release will come very soon pertaining to a partner to get some drilling going. I would not be surprised to see it move up beyond .60 once the partner is announced. Whether it does or not out of the gate, I am holding. I bought in around .20 on the pullback from .30 and won't be bailing anytime soon.

I see Bowood as a world class play that will, in time, be a target for a takeover maybe a couple of years down the road in the $2 - $3 range depending on how events play themselves out.

Good to see a few new faces on the board since I got in.

GLTA

[casey161]

Really?!?!?!  so you are telling me that you purchased shares @ .20...........now the stock is at .50 (let's say), a 2.5x gain and you are going to wait " for a takeover maybe a couple of years down the road in the $2 - $3 range" ?  I am not doubting your valuation (as it is possible)...but why whould you hold all your stock till that time?  Imo that is not the

[Bob56]

[benh1215]

casey161 please tell us how to "play" this equity?..just curious is all.I know your question didn`t pertain to me but I purchased at a similar time and am not selling a single share anywhere near these levels.This is simply based on the DD I have done on this stock.Cheers.

[OilandGas4]

Hey Casey,Let me be more specific. I will certainly not wait to sell all my shares in 2-3 years waiting for a takeover. By spring we could be at a buck and then I will most likely sell at least half my position for a tidy profit. The rest will be gravy and can let it ride and see how things are materializing. I will use those profits to buy into some other cheap speculative plays. Bowood is

[casey161]

OilandGas,  thanks for clarifying.........thought you would hold all shares  for 2-3 years.  You get er bang on! Take the profit and buy back in on a push back with more shares or another playBenh,  I'm glad you did your DD.  Just incase you thought, I am not at all bashing this stock.  In fact, I own a fair amount of shares.  The way I  "play

[benh1215]

 " IMO it is a very foolish move to hold for years".....wow that`s quite a prediction there casey161.....BWD may,in fact,be an excellent long term hold.This is what makes a market..different opinions......but you may be a bit out of line with such a suggestion.Enjoy your profits at $.60 but don`t feel bitter when the stock crosses $1 plus/share.Cheers.

[casey161]

How is that a prediction when I say it's foolish to hold for years?  And why would I feel bitter when it hits $1.00?  Clearly you don't comprehend what I am saying.  here is a very, very, very, very coles notes version for you.Let's say my original investmet is $10 $10 @ .25 = 40 shares40 shares @ .6 = $24, 40 @ .7=$28, 40 @ $1.00= $40 buck

[benh1215]

lol thanks for the chuckle.Wow...I had no idea you were so sophisticated..:o)))))....geez gimme a break..Cheers.

[Bob56]

completely agreed benh1215.  guy definitely delivers the laughs.  what clowns do best..