Emerald Carrots understands27 Jun 2018 12:12
I liked your post Emerald Carrots! I would not be surprised at ALL if Trump, the Saudis and the gang orchestrate a rise in oil prices! They all hate and fear Iran politically ad this is a perfect opportunity to put a squeeze on them and also line their pockets by arranging a return to high oil process.
Another point that gives me encouragement is dear old "Ralph" I am sorry that he bought in at over £1 and then held all the way down to 20p. But that's just life! Why he was so emotionally attached to RKH not to have a stop loss mystified me.....I got out a long time before the shares went down to £1. Its always difficult to sell......but I figured that the share price would go no where for at least five years! But I see things differently from Ralph.....cos I got back in at 25p and what gives me hope and encouragement is his extreme disappointment and negativity about this share! Once again he is allowing his emotions to dominate his thinking...and as usual, emotions give out precisely the wrong signal. With shares, when you have given u all hope of recovery, when you are ready to capitulate, that is the PRECISE time to start buying! Ralph will never admit it......but I suspect that he will sell his shares after a small gain...…..and sell TOO SOON...….missing the gigantic gains to come.
These shares have proven oil reserves, the facts have not changed. The very reason that he was prepared to pay £1 for the shares......and now they are near a quarter of that price...…..and he thinks the shares are "crap". I think he is deceiving himself!