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19/06/12
18:09
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Hello past, present and future SSN'ers.
Had a HC holiday. Ahhh its been nice. Too noisey in here at times.
Sorry to see what happened today. Unthinkable kind of stuff.
I read the ann this morning and thought to myself.. that dont sound too good... then looked at iress on open and saw a blood bath.
So just relooking at a few figures i put out there back in mid may re: Amex, $1.09.. give or take a couple pennies is looking like a goer on the amex.
How many commercial SOA type wells does SSN need to make back the $40million or so its spent? god damn.
T.B may not like debt, but he sure knows how to piss it up the wall in a big way.
post:
Amex key price levels to watch for:
If it falls through $1.60....
Next comes $1.50 and if that does not hold then $1.36 comes into play. Finding support between these two price points will be pretty major.
After that there is strong support at $1.09
Hope this helps.