Germany's Green Energy Disaster: A Cautionary Tale For World Leaders
Can't believe you actually would post that as if you don't understand Cramer's risk tolerance..
Sure as an oil company now is the time to negotiate contracts.. Some of these producers will not take the chance of waiting for Oil to rebound at higher prices..
Contracts.. One word to describe HERO's ability to survive this crash.. The writings on the wall so it seems.. A M&A/asset sale is also a PPS boosting possibility.. Doesn't Hurt maters that the insiders have had some recent purchases.. management is shareholder friendly since they hold a large stake..Trade accordingly..
I'll sell some calls when the PPS gets closer to $4.. need to recoup much $$$ from this commodity crash..
I had a buyer order at $.35 after we hit $.34.. would have brought my avg down significantly.. anyway great week for HERO.. consolidation today was to be expected.. need to contract clarification to get us above $1..
I added 10k shares below $.50 avg cost $1.06.. I still need $4 to make up some of my losses in my portfolio.. I made the classic mistake of being over weighted in 1 sector.. I was starting to scale out in the summer and most were so close to meeting my price targets but then we had the crash.. 80% was in commodities and these past 7 months have been brutal so I need big risks to make up my losses.. Also sold a lot of calls for a nice premium: however, that caused all my shares to be lock up for months.. I will never make the same mistakes again if I can get out alive..
consolidation and profit taking very normal.. I actually thought it would happen yesterday.. anyway I'll have to wait it out a few quarters.. I need $4 and that's not a pipe dream.. CONTRACTS!.. sign them up!
Consolidation and profit taking need more clarity on contracts but a good start and a good week for HERO.. We need 10 consecutive days above $1 then I'll get excited..
I sold FTK for $1.20 for a nice PROFIT back in the day thinking the company was too distressed to hold on to only to watch it climb above $30+.. HERO is no $30 company but a $4- $6 company is not out of the question if oil stabilizes.. Not going to sell until this becomes a profitable company again..
I had a buy order on MILL at $.61 cents for a trade... OH WELL!...