RE: Contemplation14 Feb 2018 08:53
My reply to Jus on adv which I think covers a lot of other replies below but aksonreminds us we should only ever 'invest' what we can afford to lose!!!!
Jus a good post regarding poor investors investing at the 'top' however whilst I have a lot of sympathy with people feeling trapped (now) there is another argument that greed leads people to make rash investments.
I know I certainly have lost money from following such strategies!!
One should always remember to only invest what one can afford to lose?
I think a lot of people now get too embroiled in online commentaries that influence incorrectly because people see continual positive posts or negative posts and being natural optimists or pessimists react accordingly.
I have no idea what eog will achieve in Ireland but historically it does not look good. Everything that seemed so positive and brilliant / innovative before does not now look so sharp, judging 'market' reaction.
The 'Corrib' ideas now could go either way. It could be another example of brilliance/ innovation or, it could get shunned by the market? Time will tell.
One thing for sure, I personally do not think that that eogs 'problems' are solely due to linkage with other onshore uk producers. It is simply because of market perception of lower quartile mgt.
They may land on Corrib and if they do (I personally think unlikely bwtfdik) shareholders should remember that there still appears to be missing skills set, regarding strategy for this company, within the management team?
Either way best of luck all and above is my opinion only and not intended as investment advice!! (Except the stuff about never 'investing' more than you can afford to lose, of course!!).