02-12-2014, 01:50 PM
I don't get it Indoreservoir. You seem to have lost your reasoning powers, just like some other IOC shareholders I know who are ready to have heart failure and apoplexy.
Why do you hold so many IOC shares if you think their chance for success in future drilling is most likely 10% and at best 20%?
You'd do better at the roulette table than holding IOC shares.
The fact you're holding onto your IOC shares says you're "positive" on your outlook and think that IOC is spending borrowed money wisely.
BUt predicting a 90% chance of failure says your outlook is "negative" and you think they'll be losing all that borrowed money.
To my opinion your decision to HOLD IOC shares doesn't jive with your predicted outcome.
Therefore my conclusion is that you are paralyzed as an investor.
You "lost" a lot of money when IOC's PPS tanked.
You desperately want IOC's PPS to rise so you can exit with a profit.
BUT you're paranoid that the PPS will tank big time again if the drilling program is a failure.
Why do you hold so many IOC shares if you think their chance for success in future drilling is most likely 10% and at best 20%?
You'd do better at the roulette table than holding IOC shares.
The fact you're holding onto your IOC shares says you're "positive" on your outlook and think that IOC is spending borrowed money wisely.
BUt predicting a 90% chance of failure says your outlook is "negative" and you think they'll be losing all that borrowed money.
To my opinion your decision to HOLD IOC shares doesn't jive with your predicted outcome.
Therefore my conclusion is that you are paralyzed as an investor.
You "lost" a lot of money when IOC's PPS tanked.
You desperately want IOC's PPS to rise so you can exit with a profit.
BUT you're paranoid that the PPS will tank big time again if the drilling program is a failure.
Drivel Maven with Personality