daytrades june 7 afternoon, page-19

my only buy this morning was akko at .08c ready for some possible movement in next week or so. now at .11c but meaningless as no buyers yet.

still oppies will go up if AKK news is positive.

risk to reward is good but at right price only. happy to soak up more if falls back or sell if goes up.

missed trade in mre and a few others this morning. expected more weakness so held off. sold some trf expecting more weakness then we have seen. perhaps tomorrow?

AKK ann last week

Largest USA based oil well drilling program now underway
h Well site location build-out for the North Carrizo well has begun
h Precision rig #305 now scheduled to move to well location
h Anticipated Spud date late next week
h Targeted daily production rates of 250 BOPD to 950 BOPD


market still in grey area for me. capitulation selling is easier than this slow grind down.