jumpin jackflasher, thanks but I cant remember making any intentional prediction unless it was part of a wider discussion. I have stopped posting since getting slated by Del, Paul and Co. Although the first thing I do after work is to check what you people have been saying.
I do think this is a very nice share but market behaviour really hurts me, especially the volatility. For the first time I kind of took advice from Del and Shareguru and never sold on a high at 30pish in November time. I should have and then bought back in. Well now I am at a loss and as Del would say never sell on a downturn so I follow his strategy - lets see how far it gets me.
My problem - is that sometime Im too honest. I do plan to cream it upto drilling GE, and will rationalise my stock and exposure drastically to ensure I breakeven from my EO. and ELP losses.
I would be very surprised if GE would drill mid-Jan - I think we're looking very late Jan, if that and it might even slip beyond that to Feb.
Jumpin - I totally agree with you that this will increase 50-100% from the GE drill date being confirmed and 21 days after wards. So if drill date is 1st Feb then increase will be till 22nd Feb.
I realised this when ELP drilled Jaguar, and look what happened to that thing after bad news.
On another note I havent been buying when the price has dropped? Why? 1. I dont trust eo. 100%; 2. no money, especially cash made from illegal means; 3. Too risky and painful when I bloody see it swing so much!
One recommendation I would make is that some of us on this thread are just too too too bias in support of eo. Not a bad idea especially if we all are (apparently) investors. We need balanced debate!