AFRICA OIL CORP.
My Foolish Africa Oil
During my Foolish inauguration, my first article discussed Africa Oil Corporation (TSXV: AOI) and how irrational the market was with Africa's valuation. The stock was hovering at $10.50 one month ago. Although I pointed out how overvalued that company was, I didn't short it, as I never short stocks. If you would have read my Nov 23 article, then shorted Africa Oil, you more »
IntroductionThe investors often propel some companies' valuation at high levels making them a bubble. I like identifying and exposing these bubbles before they implode. The greed isn't a wise investment strategy. Many people are driven by greed and they want a bubble to go higher as they have a biased perception of reality. Once the implosion occurs, they recognize their mistake but it is too late. So I more »