UMike
Klutzing in Thai
- Joined
- 16 January 2007
- Posts
- 1,461
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Easily top 5 of my best companies I have owned.If you bought into Santos in 2004 and kept them, you have gone nowhere.
I bought against my better judgement and when the IMO useless management didn't accept a takeover premium, I sold.
I definitely don't regret it, management keeps telling the shareholders they will do better, but IMO they don't.
Unfortunately one of my never to buy again stocks, I may miss out on a 10bagger, but I wont lose sleep over it.
Let's be honest it doesn't get much better for LNG companies than the last few years.
My two cents worth.
But you got to pick the peaks and buy the lows. I'm not talking about getting it exactly right.
I missed on selling for close to $8 (wanting $8.5) not so long ago. Had I done so and still got the great Divies and bought in again $6.5 I''d think I was the superstar I am not.