Club Mulgoa

Sunday, September 09, 2012

PCL

One day recently the share price fell heavily because short term investors didn't like it when it didn't discover OIL.  But PCL never said no hydrocarbon.  Today it says 50+ metres of gas.  So the share price leapt.

And I am happy.  I was tempted to buy but I don't have heaps of spare cash.  And I am also happy for those idiotic buyers to rot but I hope for more of them when I am ready to buy again.


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