Club Mulgoa

Wednesday, September 07, 2011

WHN

Here is a gamble that paid off. But it could also disappear into the thin air. There is a huge amount of hype surrounding this stock. As usual with O&G explorers, the company gets an "expert" to tell the market what the potential is in its tenements of the Seychelles. Huge at best, most likely unrealistic.

In a short time, it has gone up >50%. But until the drilling results are out, nothing is certain. The bad news is most drilling result in nothing... Because this stock is a calculated gamble and is only a small parcel, the loss is tolerable. If you are going for a ride, expect a fall rather than spectacular gain.

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