RFE 0.00% 0.0¢ series 2018-1 reds trust

running this morning, page-5

  1. 27,324 Posts.
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    its a good point rm, that there is les spec in this one, as its producing, the acreage is good, so its just a matter of time to use profits to expand the number of wells.

    As i posted, low risk would attract a lot of interest in the current market to a hot sector.

    Ask yourself, if you were browsing the hot sector, gas, what attracts? Low debts, reserves, and in production, with upside++

    The valuations are helping, that's for sure.

    But in my limited experience, i think if we get to half the valuation in the short term, we'll be doing well, and the rest will mature in the 12m target.

    There is upside, as pointed out that the valuation is for east oklo only.

    Even in 12m, the target then going forward will be upside, so its about how long do you hold?

    Longs can sleep well with this IMO.

    I'd expect some good trading opportunities along the way up too, so wait for those healthy retraces, to acculumate, or re-enter.

    But atm, its on fire, and not sure where it'll start to see profit taking, but ticking all the right boxes, dont expect the retrace to last long. Acute imo, and over in days.

    cheers
 
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