Longford Energy Inc V.LFD

BLOODBATH...PENDING HUGH RALLY

[taxdemicco]

Hello Everyone,

What a terrific correction.   We have erased 17 points out of 23 point rally (from 23 cents to 46 cents back to 29 cents).   This is a retracement of 74% of the rally that had occurred.   

During the internet bubble, stocks would correct at a maximum 75% before rallying to new highs in short order.

The selloff has removed the weak hands, the penny flippers, the stoploss crowd, the non-believers, the impatience, the ones with no tolerance for risk, the non-investors.

The chart position shows a very strong FLAG POSITION, the most bullish of all positions.  

I expect us to ramp up to my $ 4 per share target in 2011.   I expect a successful drilling program in June 2010 and, the annoucement of high pressure giving rise to 18,000 barrels of 41 API oil per day.   I expect us to be a significant oil producer in Q4-2011.    I expect the July 75 cents warrants to expire worthless, hence no dilution.   I expect LFD will work out a loan agreement for the 1st hole, something in the range of $ 5 million which they can easily borrow from a related company Stentson (SSN.V) for a 3 month period until they confirm oil.   I expect PSC contracts to be approved.  I expect a robust stock where Kurds territory is the place to be in 2nd half of 2011.

Overall I am extremely happy of this latest selloff as it only reinforces my convinction that I will not sell, that I truly have a high risk to tolerance and that I will see this through the multiple dollar phase.

Nothing comes easy, my decision was made a long time ago.   I will RETIRE with this stock as it soars to levels you could never have imagined.

I find that the best way to see comfort for investors is to do other things while the market settles down, just a few that may be of interest to you:

Turn off your computer and then:

a) Go away for the weekend with friends
b) Take a vacation
c) Do some exercise
d) Go dancing
e) Go watch a sports event
f)  Have sex
g) Do spiritual reading
h) Practice yoga and breathening exercises
i)  Concentrate on other things besides the silly changes in stock prices.


JMHO

[casey161]

Seldom I will write on the LFD board...........but come on!  TAXEMICCO, stop spanning your sh*t.  You are ruining what these boards are all about.  The more you “pump” the more it makes people NOT want to buy (maybe that’s your goal??).  The numbers you provide never add up (you make yourself look like an idiot....maybe you are), you never provide answers to questions asked to

[wolfgang13]

Lay off the crack pipe cab driver. You "expect a successful drilling program in June 2010". I have told you before that it is now 2011, Moron.

[digits]

Unreal. It is obvious from their laughable version of crowd control that they still believe that they have an influence on people here. Like I say ... "Once a pathetic pumper ... always a pathetic pumper". But these guys are so pathetic that even if they change their aliases they will still stick out like sore thumbs. Same endless drone ... over .... and over ... and over .... and over .

[Quatchi]

There is NO FLAG.  did you try to tell us you know someone with an ice cream shop valued at 50 million???????Good bye.

[Kurd30]

This is hilarious, every down day is a bullish sign to this character.  What a joke.