Ann: OEL: Winx-1 Drilling Update, page-348

Hi Ox,

Feel for you mate. Hope you have some support to talk to.

I got in 88E too at 4.2c after all the hype and out at 2.6 losing a sizeable fortune. This stock is a huge punt given the volume of shares they have, no money, and no oil. I still read the 88E posts, including your insights, but wouldn't get back in.

I got sold on DW & PB videos and the Alaska story, but reality is they have acreage but no oil. Sure, they might find one day and you'll be pissed if not in, but it's a big gamble, such is oil exploration business.

All stocks are a gamble though, even the blue chips. I've lost my shirt on them too!! Next GFC could be just around the corner.

If you believe in fundamentals, you can ride the up and down cycles, but specys are a tough ride.
Had over a million CVN shares but got out just before they went up 6 times. Doesn't feel good!!

Hope you can ride this out and claw some money back. Don't listen to the happy clappers though !
Good luck!