RJ cuts target price on all oil stocks

[CAC]

Gator

I got to get me one of those unlimited money accounts. Always buy, never sell and don't worry about 40% drops because in 2012 2013 2014 2015  2016 we will be very rich.

******

But if you'd just doubled-down every time "someone" told you, over the last five years, that that was an easy solution, you'd probably be the majority shareholder right now.  Why haven't you done that?  

[Gator]

CAC

I am not the majority shareholder, but I have purchased more shares in the open market than our COB and CEO combined.

[Palm]

That's OK Gator, the super-secret behind-the-scenes deals that are being made and keeping mgmt. from buying the shares they so desperately want to buy, will be disclosed someday and the shares you have will make you forget all of this. Those deals must be huge.

[Gator]

That's OK Gator, the super-secret behind-the-scenes deals that are being made and keeping mgmt. from buying the shares they so desperately want to buy, will be disclosed someday and the shares you have will make you forget all of this. Those deals must be huge.

Maybe it's not a super-secret behind-the-scenes deal, but something like a rig fire that is keeping them from buying. That was not a "material" event that needed to be disclosed.

[Palm]

Rig fire? What rig fire? That was a hog roast they had to celebrate the demise of that old rig. Quit making things up Gator. You are now officially a short.

[Gator]

You're right about the pig roast. Get and JTF finally gave me the password to into the backdoor of the InterOil web site where management posts what is really going on with the company. I found this picture under Ant_4_demise.  You should know I'm not short, just trying to drive the price down so I can buy more.

[Palm]

And there we have it; hope you feel bad.

And sorry about the "short label"; just haven't got my head around that new unlimited funds concept of investing.

[jft310]

Not unlimited funds one has to sell the higher priced shares on one of the swings up . Plenty of chances to do that . And one should always carry some cash to allow for buying extra stock when stuff happens to your position . Basic portfolio management . And no you don't have to do it all at once Interoil gives you plenty of opportunity to play

[Palm]

And since Dec 2013 one has to sell on a swing up to lock in a loss, then wait 30 days to avoid the wash sale rules. Forgot that part.

[CAC]

Not unlimited funds one has to sell the higher priced shares on one of the swings up . Plenty of chances to do that . And one should always carry some cash to allow for buying extra stock when stuff happens to your position . Basic portfolio management . And no you don't have to do it all at once Interoil gives you plenty of opportunity to play

******

Please just stop, JFT.  In the 90's your were cheerleading for $150 (or was it $400?).  In fact, if you've told anybody on this Board that it was a good time to sell...ever...I'll eat a bug.