Interesting25 Sep 2018 11:57
I have been investing for longer than I care to mention and when I started wonderful opportunities seemed to be around every corner. Some were but mainly as a result of luck but the majority crashed and burned. Then one day I bought into Enquest. I had watched it for many many months and within a few weeks I was well in the red. I averaged down and down and down waiting patiently for AK to come on stream and the price of oil to rise. AK started to produce, production per day started to rise and oil slowly started to rise and sp clawed its way north be it a bit unsteadily..Then Trump came on the scene. He kicked the Iranians where it hurt and upset the Chinese and this combined with the debacle of Venezuela suddenly things began to look a bit more rosy. Despite the debt the real sp began to rise to where it should be. I became a happy Spin.
The final reward came when an offer to buy Magnus popped up. An extraordinarily exciting prospect and shares would be offered at almost half price so it could be bolted on.... The real cream on the cake is that to take advantage of the cheap shares you have to buy some..
I may be wrong. I may have overlooked something and as a result this may crash and burn but at the moment I am of the opinion my ship has come in.. Happy Spin