To be fair to Howard, he was just posting a fair concern. Sorry if it seemed as if I jumped on you, Howard. However, the post was generic, and probably true not only about oil and gas but about any other sector. Most businesses fail. You have to pick and choose the ones you think will succeed. Last week we did a lot of DD and thought this one would succeed because of the size of their assets, their reverse merger without dilution which makes it a great deal for shareholders, etc etc. This week we got all of that and more confirmed with announcements, a proof that our DD was right on the ball. What we are saying now is that next week there will be much more announced, exactly when I don't know, but we should all be impressed with the deep pockets behind this. If someone posts a specific validated concern with THIS company, then I will be the first to check it out and let everyone know what I find out, good or bad.
Having said that, and this is not directed at you, Howard, but just generically. I am holding long and believe in what this company is doing and its fundamentals. Because of that, I don't care if anyone buys or sells. If you buy you will make a lot of money, IMHO. If you sell, you will give up the chance at huge gains, again IMHO. Do your own DD and make your own decisions. |
