Thanks lachmap. I value all views as well. I must say, there was a time that I thought Whisky was literally insane with his constant optimism. But he turned out to be right about most things, just the timing was out. Timing in retrospect was purely marketing, just like recently with the RI sold as funding 13 wells. Extremely good post from Whisky above I thought on news for rest of year.
On the holdings, I usually like to be as consistent as possible with my sentiments and holdings. In this case, the holding is a bit misleading. I only have 50,000 shares so probably could call it none. I would prefer it goes down to prove me right and potentially re-enter than go up! Was very random keeping just a tiny parcel.
I put short term sell for my sentiment as only just in the sell camp here. I do think fundamentally the story may be at a short term turning point but technicals look good. If I was sensible I would sell 20% but unfortunately one of my weaknesses is the common one of preferring to be all right or all wrong. Good traders normally try and position so they they are happy if it goes down as they can add back and happy if it goes up because they are making money. My only defence is that this is just in my trading book which has a very aggressive mandate!
BCC Price at posting:
6.8¢ Sentiment: ST Sell Disclosure: Held
