Comments on: “The Great Red Oil War” (Kurdistan and African Oil) — Crisis Trader http://www.stockgumshoe.com/2009/04/the-great-red-oil-war-kurdistan-and-african-oil-crisis-trader.html Frustrated or intrigued by email teasers from investment newsletters and advisers? We solve them and track their performance here ... so stick around, participate and subscribe (it's free)! Mon, 22 Mar 2010 03:37:46 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Myron Martin http://www.stockgumshoe.com/2009/04/the-great-red-oil-war-kurdistan-and-african-oil-crisis-trader.html/comment-page-1#comment-10230 Myron Martin Sun, 09 Aug 2009 21:46:29 +0000 http://www.stockgumshoe.com/?p=1312#comment-10230 While I appreciate and value the talents of the Gumshoe and the cautionary flags he often unfurls for legitimate reasons, in this case, (and I might add many others) the analyst was right and i made good money on both ADDAX and Verenex. Of course as several have pointed out, TIMING is critical on buying and selling, sometimes the analysts get it right and sometimes they do not! I think the old 80/20 rule applies here, if you do your due diligence, act decisively and take profits instead of greedily hanging on for more your winners will more than cover a few losers IF you use stop losses to unload losers early rather than falling in love with a stock and riding it down or even averaging it down assuming it MUST come back. Always remember the market can remain irrational longer than you can stay solvent. While I appreciate and value the talents of the Gumshoe and the cautionary flags he often unfurls for legitimate reasons, in this case, (and I might add many others) the analyst was right and i made good money on both ADDAX and Verenex.

Of course as several have pointed out, TIMING is critical on buying and selling, sometimes the analysts get it right and sometimes they do not!

I think the old 80/20 rule applies here, if you do your due diligence, act decisively and take profits instead of greedily hanging on for more your winners will more than cover a few losers IF you use stop losses to unload losers early rather than falling in love with a stock and riding it down or even averaging it down assuming it MUST come back. Always remember the market can remain irrational longer than you can stay solvent.

]]> By: Trade http://www.stockgumshoe.com/2009/04/the-great-red-oil-war-kurdistan-and-african-oil-crisis-trader.html/comment-page-1#comment-10009 Trade Mon, 20 Jul 2009 21:35:04 +0000 http://www.stockgumshoe.com/?p=1312#comment-10009 How about that? It actually did get a takeover bid. Sinopec Makes US$7 Billion Move on Addax Thursday, June 25, 2009 Summary China's Sinopec made an C$8.27 billion (US$7.17 billion) bid for Addax Petroleum on Wednesday, ending weeks of speculation about which Asian oil giant might move to snap up the Canadian independent. How about that? It actually did get a takeover bid.

Sinopec Makes US$7 Billion Move on Addax

Thursday, June 25, 2009

Summary
China’s Sinopec made an C$8.27 billion (US$7.17 billion) bid for Addax Petroleum on Wednesday, ending weeks of speculation about which Asian oil giant might move to snap up the Canadian independent.

]]> By: skintpaul http://www.stockgumshoe.com/2009/04/the-great-red-oil-war-kurdistan-and-african-oil-crisis-trader.html/comment-page-1#comment-8810 skintpaul Thu, 30 Apr 2009 15:08:49 +0000 http://www.stockgumshoe.com/?p=1312#comment-8810 thanks for the responses folks. I currently trade using an Online TD Ameritrade account, which is setup to only allow me to buy US traded shares. I believe I can setup a Canadian account with ameritrade, havent got around to doing it yet. Thanks again Paul thanks for the responses folks. I currently trade using an Online TD Ameritrade account, which is setup to only allow me to buy US traded shares. I believe I can setup a Canadian account with ameritrade, havent got around to doing it yet.
Thanks again
Paul

]]> By: ponce http://www.stockgumshoe.com/2009/04/the-great-red-oil-war-kurdistan-and-african-oil-crisis-trader.html/comment-page-1#comment-8799 ponce Thu, 30 Apr 2009 02:10:54 +0000 http://www.stockgumshoe.com/?p=1312#comment-8799 My online broker is Scottrade. If the pink sheet list also has Canadian listing, Scottrade insists that you buy the Canadian listing. Most pink listing can be bought only by phone and the broker assists by tem placing the trade. In this case it is $27 per trade rather than the normal $7. My online broker is Scottrade. If the pink sheet list also has Canadian listing, Scottrade insists that you buy the Canadian listing. Most pink listing can be bought only by phone and the broker assists by tem placing the trade. In this case it is $27 per trade rather than the normal $7.

]]> By: StockGumshoe http://www.stockgumshoe.com/2009/04/the-great-red-oil-war-kurdistan-and-african-oil-crisis-trader.html/comment-page-1#comment-8788 StockGumshoe Wed, 29 Apr 2009 15:14:59 +0000 http://www.stockgumshoe.com/?p=1312#comment-8788 Great point on the fees -- every broker is different, make sure to check the details. Great point on the fees — every broker is different, make sure to check the details.

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