If they ever prove they have a successful business model, that will be the time to buy. You don't have to get in at the bottom to turn a profit and when all said and done, make 15% or so and you're ahead of most investment funds.
I have made no secret of the fact I am not invested. I have a long history with SER in terms of once been a fan of the potential and think I have been very fortunate to escape totally unscathed. My original holding goes back to the 8-12p days at which point I was 50% in profit but ultimately sold at break even. I tend to keep an eye on stocks I've once held and don't usually post but the ramping I have witnessed on this thread over the last two years has been outrageous to say the least. When i have time or the inclination I post to provide some balance and for no other reason. Ok, I accept my views are not popular and sometimes perhaps shall we say a little robust, but mostly that is the result of how other posters react to me. Whilst the supporters of SER are passionate success is around the corner, I just happen to believe that total failure is just around the corner. I've been posting since the Sp was in excess of 2p (after the pump and dumps) and I have never really changed my view, except to say that Kansas was always the key not California. Unfortunately the key was CBM, not rubbish old wells needing more CAPEX than they will ever produce in revenues. Don't you think if these wells were profitable the original owners would have done what SER are doing?
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.