RE: Waiting game27 Jul 2023 14:35
CDF1-
Thats fine, i mean most genuine posters here are waiting for 0.0045p-4p, regardless if it gets there or not. They are probably not even looking at share price for few months and checking time to time. Only day traders scalping this stock for daily little profits.
I am waiting for 0.0045p to 4p range and will hold for 6 months to 1 year and keep adding. This is a long term investment.
I would not care about others who are in other stocks, bag holding, selling all their shares in baron oil etc.
Most here I am guessing are in the 0.0008p -0.0025p range and some bag holders higher or in the 1ps averaging down.
For example I am in both IOG and COPl both oil and gas sector. Both diluted down heavily due to bonds to 1p-2p from 20p-30p. I find them too good and cheap to buy at that range, very low risk, they are both increasing productions or waiting for JVs like baron oil. Unless catastrophe happens, which is unlikely in my opinion, those are more short term stocks that can rise back to their highs if positive news happens or bonds are stopped/slowed within 1-6 months.
To be honest if you are in baron oil, copl, iog if you buyed 1k,10k,100k you cant lose they are all cheap and have huge potential.
All 3 cant fail, but its the aim market who knows win or lose. For example Its stock, in 5 days +1400%, If you just put a small amount e.g £1000 on it thats 500k shares, you would of made £15000 in 5 days. Again timing is crucial with some luck. I hope its the same with Baron Oil by end of 2023.