FPL 8.33% 0.7¢ fremont petroleum corporation limited

Ann: Change of Director's Interest Notices - Appx 3y - x5, page-14

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  1. 1,261 Posts.
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    Well Sector as usual you've overstated the loss. My investment was $8,200.00 and now stands at $600.00. Be fair man, that's not 98%.  However in thinking about this If I had got caught in the 1st reduction as well as the second reduction it could well be past 98%.Perhaps even 99.9%  However to put things into perspective I attribute my loss to myself however the directors contributed 100% to my loss when they decided on the 2nd 1 for 10. Now anyone buying today at .006 is actually paying .0006 per share, which I would endeavour to say is a good price.  I could go on but I think I hear a gas deal happening. For me to regain status quo it would have to be a 10 bagger but somehow I don't think FPL is going to bring in a 5000bbl/day well anytime soon. Have a good weekend.
 
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