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|Subject: Re: OT: Kinda, Sorta, Maybe||Date: 1/4/2013 3:31 PM|
|Author: globalist2013||Number: 34595 of 35930|
RE: Black Elk Energy Offshore
I'm done for today, as in, no more research, no more buying. The sun is shinning, and I want to roll my daily miles. But tomorrow, (err, make that 'Monday') I'll take a look.
But I will say this about risk-management. "Better a missed opportunity than a realized loss." and a lot of what cannot be forcasted from proper due-diligence can be made up for by judicious position-sizing, as in, betting small and betting widely, so that one's inevitable mistakes and misjudgments --or sheer stupidity and greed-- cause only tolerable damage.
I don't own any of Black Elk. But I'm making other bets in the energy sector, and I'll have to see if/how Black Elk would fit in.
Have a good weekend, Charlie
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