Heh, I wish I got in at .38 to .68. I bought most of my shares at $6.00 plus, in March, when I first came to this site. Do I regret the fact that I have a paper loss of about $5k on NOT? Nope, I just keep buying more with whatever I can dig up.
I made some good money on SPQ with the discovery of E1. Up until that point, I had never heard of NOT, and had been cyclical trading SPQ shares for about 10 years, on an initial investment of $3000. Over the years, my portfolio has grown to over $100k, after taxes.
Now that I know the real deal on the ROF, my cyclical trading days are over. I am long on NOT, SPQ, PRB, KWG and FWR. When the day comes that a major buys these plays out, I will sell my shares, but not until then. This is all free money to me now, so at worst, if all the companies on the play go bankrupt, I will be out $3000.
So I agree with you Lance: if we didn’t sell then or change our felling about this company DO YOU REALLY THINK YOU CAN DO IT? I think NOT.
BTW, that is one ugly mugshot Lance. frightening even...