Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Razorbak who wrote (82965)	12/29/2000 6:50:08 AM
From: CpsOmis	of 95453

I appreciate your comments, Razor.... One of the major advantages of this forum is the ability to bounce ideas as well as accept critiques from others. The way I have dealt with the emotional side of the markets has been to disconnect from emotions as much as possible. Kind of like playing a video game, I have been keeping score to see how well I do. Appreciate the kick in the pants, as I kinda lost focus on the amount of capital I have at risk here, as I have never allowed myself to "feel" it as "being real". I did spend some time studying the core fundamentals of the company that came out with the last quarterly statement, and I felt/feel quite comfortable that the underlying value is there, even without the sale. (I think shareholders' equity was around 4.22 or so) That, and a hot market for NG is why I jumped in with both feet. The ability to get a full cash buyout is very appealing to me, as 2/3 of my stake is in the SEP IRA. However, you are right, I am most certainly overweighted, and I most certainly do need to consider diversification. I think the price will edge up a bit as the new tax year comes into play, and just may "raise some cash" <grin> Cosmo

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next