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IBDvalueinvestin (98.29)

CRED hit $12.49 this morning, now at $11.87 if you missed this one,



January 12, 2011 – Comments (1) | RELATED TICKERS: CRED.DL , BEXP.DL , NOG

try and start buying on this little pullback, it may be your only chance under $12/shr. I remember when Both BEXP the other Bakken oil company was at $12 and I kept wanting it to go lower to get in, It caused me to miss its entire ride to near $30.

I was worried about paying an extra $1/shr and it caused me to miss out on $16/shr gains.


PS I also missed out on NOG by the same mentality.

If I missed CRED it would have been strike three.

1 Comments – Post Your Own

#1) On January 12, 2011 at 11:59 AM, IBDvalueinvestin (98.29) wrote:

No worries about CRED oil wells running dry:

(149 billion barrels of oil in place within the Bakken Formation)

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