DLS 0.00% 69.0¢ drillsearch energy limited

Ann: Presentation - Recommended Merger of Beach and Drillsearch, page-76

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  1. 11,185 Posts.
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    I still think you don't get it. I'm in this to make money from the oil price recovery. The price lows are the opportunity. Shale will be in decline soon enough or the Saudis will be forced to give away their strategy of maintaining market share at the point of a proxy Russian or Iranian gun (either or or both). Then will see DLS at a dollar plus. No apology. I'm investing for the medium term 2016/2017 horizon. The market might buy the Goldmans spin. I will just take advantage of it. Just see what they were doing at the top of the market for oil.

    http://hotcopper.com.au/threads/so-...-to-20.2593661/?post_id=15983925#.Vi9aQ5WhftQ

    You were in and out of SXY within 6 trading days. You'll probably claim you made a lot of money with that trade but as there is no way of checking your claim to have bought and sold 650k shares it is a completely mute point. I'm not going to even bother trying to trade SXY. I'm in at around 14.5cents and I'll ride it out until the oil price comes back.

    I'm not going to apologise for defending my profits on DLS which will all be put back into this stock. Hopefully I come out of this "lower for longer BS" price cycle with even more shares.

    In any case DLS still has a long way to fall before we get to your exit price of 64.5cents so your smugness is still very premature.

    http://hotcopper.com.au/threads/ann....2616810/page-4?post_id=16190041#.Vi9RwpWhftQ

    Eshmun
 
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