Oil is down more than 10% in the last month and SSN action on the AMEX has risen regardless. Not only is the chart direction impressive but even more, the volumes are incredibly solid. Compared to many of its shale oil peers, SSN has hardly any debt at all so it is very manageable an in my opinion, not a threat. The last company update was the most upbeat I've heard TB in a while, there was an air of confidence and even a little excitement about his tone. He even went so far so as to give us an example of how he is improving production efficiency of the R field. I'm sensing great things are coming for SSN regardless of what the oil price does from here.
SSN Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
