If you continue to buy on a weekly basis, this message is not for you. However, if you are the type of investor that buys and sits, then YOU are responsible for the falling PPS of this stock. If everybody bought this stock in small amounts each week, this would continue to climb, however, you leave your money in the bank and there is no buying pressure, only selling, hence it drops. Sack up and buy a couple thousand each week!
Whoa, this IS "scary" (LOL). If all the talk on this thread is true about ALL the shares you folks own, can you imagine what will happen if there is ANY bad news, at all, and EVERYONE begins to head for the EXITS at the "same" time???
Yeah and then just imagine when their is positive news. Keep in mind, this is not a 1 trick pony. This company can and will play in many sandboxes. Its been said here before but its clearly Just a matter of time. If its not oil first, it will be a commodity or a tank deal followed by an oil deal and so on. Nothing is guaranteed but the chances of a deal getting done are very high with the positioning they have. All it takes is 1 contract to prove the model.
Stay and play or go away.
I have purchased stock weekly since last April and have accumulated 55,000 shares. However, I cannot risk anymore without some actual positive performance. In fact, all I see is talk and no actual performance. It gets old after a while!
I totally agree with adding to our positions on dips, especially in this range. It's obvious that we are buying POTENTIAL in this company and getting on the train before it leaves the station. By the time news of any contract arrives this stock could explode quickly then we are chasing price. Add shares and be patient.