88E 0.00% 0.2¢ 88 energy limited

Petroleum News, page-47

  1. 367 Posts.
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    Say is slower if it helps you believe your own conclusions but grab any period of a graph and it can be made to reinforce your viewpoint. To wit, if you look at the last month of oil prices you will see a decline of close on 15% and exacerbate that trend and you have a resource that E88 will never be developed. I do not suggest this. I merely state that in the short term the trend for oil is down and this is not positive for future developments IN THE SHORT term. I suggest you look at the share price of E88 to see what I am trying to state. Longer term I am positive but why should I tie up money here when there are lots of other stocks popping on the ASX. Even if E88 turns, so what if I miss out on the first 30% of the rise, provided I have made 50% of stocks that are moving up elsewhere.

    Love the money not the stock was that first thing my mentor told me when I started investing.

 
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