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Bullboard - Stock Discussion Forum Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."

GREY:WFREF - Post Discussion

View:
Post by JohnJBond on Sep 19, 2014 12:21pm

.

I'm not selling.

I'm enjoying watching the no nothing price watching punters getting pushed out.

I'm also enjoying my 9% yield.

If you don't know what you're doing, stop whining, and go and buy something thats already gone up.
Comment by seasonedinvestor48 on Sep 19, 2014 12:30pm
well put! Lots of emotion on these boards.
Comment by barneyj44 on Sep 19, 2014 1:17pm
I'm not selling either, but I am whining, have money on the side lines , just don't have the stomache or nerves to buy anymore......
Comment by JohnJBond on Sep 19, 2014 1:47pm
No need to buy any more Barney.     Investors buy when undervalued, and wait for their investments to grow.    Its called buy and hold - it takes several years, and is far more enjoyable when you don't watch the dayly share price movements.    If you are a wise investor, you're diversified, so a bad day/week/month on one stock, is no reason for ...more  
Comment by barneyj44 on Sep 19, 2014 2:15pm
Thanks John always appreciate your rationale , I don't buy on margin, just have to learn turn the computer off every now and than and think of the big picture and why I'm invested in the first place...
Comment by farco on Sep 21, 2014 10:20pm
True words. By the way it's always the same cycle with the Canadian markets and the oil companies. IMHO we buy these companies with a margin of safety for a good reason
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