CGX Energy Inc V.OYL

Risk and strategy

[ljmorin]

The only risk I see in playing around with this stock on the ups and downs is I predict there will be a Farm in and i don't want to miss that uptick.
at your own peril I guess. It's a bit easier to take when you've averaged down to around 29 cents i guess as well.
These up and down bumps don't bother me at all, most of us are quite conditioned to it by now.
GLTA,

[jada13]

Conditioned we sure are Ijmorin,and I feel the same way about selling anything for now.There is just to much oil around us and very close to us to say we have a 50/50 chance.The way I look at it its 80% chance in our favor,Once we hit and hit big just think of all the other significant drilling prospects we have and what kind of evaluation we will have.O YA then the good times will roll. 

[Hooray]

Evaluation can be in the billions but what drives the price up is new investors willing to invest. The stock market like economics is based on supply and demand and if there is demand for a stock and it outweighs supply then the price will go up. We can own hundreds of thousands of shares but there comes a time when we need to sell and if there is no liquidity in the stock then the market maker

[Hooray]

At this critical stage stage be careful what you post. It might be scaring away new investors and we need them if we have to get out with a decent profit. Rig is on location and drilling and there are still posts about where the money is coming from. Really!!!! 

[Hooray]

Dirksidetrack and oldcompanyman posts are what we need at this time but don't fool yourself.... what we need is interest in this stock and management has not been helping. Most of us here are long term investors and we just need the stock to move. Maybe we will get a JV or maybe we will get a takeover but "we as shareholders just need be profitable.......hmmm. Have an exit plan and be

[Hooray]

Stay strong an resilient and good luck to all!!!!

[Hooray]

Talk to you all in mid November!!!