Club Mulgoa

Monday, February 25, 2013

Shale gas

The market is full of lemmings.  When Chevron decided that Cooper Basin is a bargain and bought into BPT and ICN tenements, suddenly everyone thinks you should buy stocks with interest in that region.  Well... it is always better to be ahead of lemmings.

2 Comments:

Blogger Shakeyone said...

CTPO looking very tempting today.

4:51 PM  
Blogger Club Mulgoa said...

Options are high risk investments. Most of the time, I make a loss out of them! But when you make a profit, it can be phenomenal.

CTPO is exercised at 16c in March 2014.

1:42 AM  

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