posted
In all honesty i suck at stocks. After hearing of this one dropping i spent a good week after work non stop researching PNG and IOC and decided to give it a go.
I said buy at open and its down today. See. I suck.
Glad you got to do some quick trades for some extra cash.
With how volatile it is now im not going to do any buying or selling.. just observing.
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posted
you know TimW. I told myself back when we were waiting for the bounce to the $30, once it hits $30 i'll sell then short. but instead...i sold and then rebought. now i'm kinda ****ed. if i shorted i would have doubled my money. i need more confidence in my own judgement
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posted
200 day moving average is mid 26's, where we have settled.
I would like to hope we stay above that.
The earnigns on the 13th may or may not be a big hit. They have been showing improvements in current operations every quarter lately.. but if these arent good then obviously room to be a bear.
What they need to do is PR something about Elk-2 as even though they are lead provider for the LNG plant, people want to know that ELK-1 has the capacity they said it does.
posted
ah man. my patience ran out. i sold at 27.50. making a loss of 1.25 per share. o well. it was less in value that my last IOC trade which gave me a 5 profit per share.
cant beleieve this is being a good boy now. i never would have expected it to rise to 29.30 today.
the curve was flat, i thought it would rise, but not that much.
i swear not to buy IOC long for a while.
short at $30 every time hahahah what this dip at $30 range again.
good luck TimW, i'd cut when it hits $30 mate, you gain $7 per share already.
again, i totally argee,if you did your research before buying. all you need is patitence to win. all the best
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i recon i should sell my shares now. the pitch and vol. at the end of the day makes IOC look like it will go though the $30 mark today
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I bought 2500 shares back between 18.50 and 20 and sold out a few days ago at $29-$31 in order to have enough money to play RAS and LEND. Sigh.
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