10-03-2014, 01:08 AM
I feel the need to reply.
Being right does matter or we become like the "insider" posters here who are never right.
My rationale is:
1) Good news has not mattered with this stock. Check the performance of this stock after every press release including the Total fiasco.
2) The stock does always go lower.
3) I did say Tuesday's press release was positive news when others were critical. I did question whether we go to 57 or 52 first.
4) This stock does not follow any indicator higher. Oil prices at $110 don't matter. The largest bull market in history doesn't matter. New management hasn't mattered yes. Monetizing the asset will, but when is that going to happen?
Credibility needs to be established before we go forward.
Being right does matter or we become like the "insider" posters here who are never right.
My rationale is:
1) Good news has not mattered with this stock. Check the performance of this stock after every press release including the Total fiasco.
2) The stock does always go lower.
3) I did say Tuesday's press release was positive news when others were critical. I did question whether we go to 57 or 52 first.
4) This stock does not follow any indicator higher. Oil prices at $110 don't matter. The largest bull market in history doesn't matter. New management hasn't mattered yes. Monetizing the asset will, but when is that going to happen?
Credibility needs to be established before we go forward.