This is my 3rd round with SD. Last 2 rounds were 10 & 11%, this one was almost 30%
I like this company buy it's due for a correction.
It will test $6 as a new support soon.
my BUY order is already placed for $6
I understand how you feel Frenk. Even though I am concerned about this quarter's earnings due to indifferent/bad well results reported I am going to hold SD a while longer. Although I made a nice profit on both CRZO & MHR I got out too early on both and although each trade is different I am determined to extract full value from SD.
I am not greedy either but I am more logical than you are. I believe in fundamentals. I don't buy a stock for 10% return. I look for beatup undervalued stocks like SD so I can at least double my investment. I bought SD for $4.76 and I will not sell it less than $15 because that how much I think it is worth. I have never been wrong about any stock and I know I am right this time too. Trust me, SD will be $10 by March!
it does beg the question: if you've never been wrong, what are you doing on a yahoo message board? give me 1 year of never being wrong, i'll be worth many millions. someone who has never been wrong? billions! so why then aren't you a billionaire?
Wow..."never been wrong". They are looking for stars like you at the big firms on WS...they are impossible to find, you know! Try to contact then with your resume.
PS. Thanks for sharing your investment ideas with us...now all these people on this board will be able to double their money.
When you made the comment, "I have never been wrong", you lost any credibility you may have had. If you were never wrong Warren would be wanting you to replace him and you wouldn't have time for this messge board. I agree now is not the time to cut and run and anyone doing so may wake up one morning with deep regrets. But anything can go the other way too.