RE: Last september RNS was a joke...21 Jan 2018 12:24
I don't get it.
Hands up who understands the oil and gas industry? Keep your hands up if you consider it to be a punctual industry? Right then... Every single indication about the play in Sacramento Basin is positive. The fundamentals have not changed. You may be getting impatient, but that's your responsibility to keep in check. I am averaged in at a very low price, slightly above the 52 week low. This gives me clarity to look at the development objectively. I have another small cap o&g explorer that I am about 34% down on. Again, their fundamentals haven't changed but I'm second guessing it because I'm down. Sell as soon as you break even if you wish, but at least recognise that it's psychology holding you back from being a great trader.