88E 20.0% 0.2¢ 88 energy limited

What's your target?, page-95

  1. 194 Posts.
    I sometimes wonder if things are really that easy in life. I mean, if it really is a $1 worth then why are the big instos and mm's sitting on the fence and waiting it to flow. Cant one of them do the analysis like domum, lazarus and few other oil experts have done and take a plunge knowing that its going to flow? Sometimes it feels they have already taken the position now expecting the flow, and after the news might release the brakes to maybe 6c-8c or keep it around this mark which would be really sad if that happens. But, its also highly possible they arent allowed to take a position prior to the oil flow because its not derisked completely yet and they cant risk their client's money just in case. I hope this is the case and that'd mean a hard release of brakes taking us to atleast 12c-15c in the short term and 50c-60c in the long term. Which begs the question, are we the retail investors in much better position than the big boys? If so, I take pure joy at their helplessness . Cheers, Notty.
 
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