Posted On: 08/30/2013 6:49:23 AM
Post# of 39368
Every penny stock as well as every penny stock website should come with the Shelby Stanga disclaimer......
“Do not try any of the harebrained things I do. Don’t ever do it!,”
I should never complain about an investment in a penny stock. It's skullduggery. If I complain about TECO , i t's just a t estament to my own shortcoming as an investor , a reflection of me.
Anyone posting to save the world from a TECO investment is a double fool. It just proves you couldn't save yourself. These folks are too busy saving others to look inward, not because the want to, because they can't. it's a character flaw.
The outcome on any stock is most uncertain. You have to double/triple that when talking oil business. Upside or downside. Mistakes is this business is a certainty. There will always be a second, third, forth, Ad infinitum answer to what should have been done. There are no eyes down at the bottom of that hole to guide you. The mistakes you make in the oil business are so costly that it drives NYSE stocks to BK all the time. Just look here......
Even when you're doing everything right and revenue is coming in over 350 billion in hydrocarbons....
http://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill
The outcome on BP is still uncertain.....
Over a 100 billion in market cap lost in a couple of weeks or so....
http://finance.yahoo.com/q/bc?s=BP&t=5y&a...q=l&c=
“Do not try any of the harebrained things I do. Don’t ever do it!,”
I should never complain about an investment in a penny stock. It's skullduggery. If I complain about TECO , i t's just a t estament to my own shortcoming as an investor , a reflection of me.
Anyone posting to save the world from a TECO investment is a double fool. It just proves you couldn't save yourself. These folks are too busy saving others to look inward, not because the want to, because they can't. it's a character flaw.
The outcome on any stock is most uncertain. You have to double/triple that when talking oil business. Upside or downside. Mistakes is this business is a certainty. There will always be a second, third, forth, Ad infinitum answer to what should have been done. There are no eyes down at the bottom of that hole to guide you. The mistakes you make in the oil business are so costly that it drives NYSE stocks to BK all the time. Just look here......
Even when you're doing everything right and revenue is coming in over 350 billion in hydrocarbons....
http://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill
The outcome on BP is still uncertain.....
Over a 100 billion in market cap lost in a couple of weeks or so....
http://finance.yahoo.com/q/bc?s=BP&t=5y&a...q=l&c=
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