How many times? Have you got cloth ears? Neither Egdon, nor Igas, nor Cuadrilla are 'fracking companies'. If you want to buy into companies with frac capability in the UK right now try Schlumberger or Halliburton, and fraccing is only one of the services they provide.
They, of course, are not AIM stocks.
You're the person who continually says DYOR. I hope you've done so, and will present your homework based upon such diligent research sometime soon instead of perpetually letting the dog eat it.
Quote from Aduk "By the way, C7, please 'fess up. Do you, any of your ancestors, or your four-year-old nephew have any professional, academic, or other qualifications or experience regarding geology, oilwell drilling, mining or mineral extraction in whatever form, or anything like that? Please let us know. I think an ability to scan all sorts of newspapers and extract articles written by non-specialist journalists is something all of us can do."
Look at like this friend, think outside the if you can. Me and my family think outside the box. Investing/gambling particularly in volatile shares like this that are subject to close public scrutiny. One does not need to dirty ones hands with oil, gas an muck, it's the ability to read the minds of joe public, the city, MM's and the gov, hence my sub one quid predictions surpassing my expectations
My 4 year old nephew does not want me to gamble a single penny in the fracking co's as he is of the firm judgment that fracking wont really take of for at least ten yrs and even then, there is not guratee that extractions would be profitable. However, he has been nudging me toward EDR as he sees them as a better bet for reasons I have already posted on this board.
An elementary mistake by many investors is to grow in love with a SP, big, big, very big mistake.
I not a winner for sitting on my hands and following the clowns, no sir, indeed no.
I look, I listen, I digest, I wait, and maybe wait again, then I decide, then I sleep on it, then I wait and then one day I go for the kill or say goodbye and move on to my next potentially profit making stock.
Who's sitting on 'huge losses'? Not me, personally. Small 'paper loss' right now for sure, but I anticipate an upturn. That's what I don't understand. If there were people with 'huge losses' surely they would be the ones complaining. Maybe their computer's been repossessed by the bailiffs, or their internet connection cut off. If they exist at all.
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