SSN 0.00% 1.5¢ samson oil & gas limited

watch the yanks lap this up tonight, page-27

  1. 899 Posts.
    posting by Rogere 1946

    Re: Why not $3.50 yet?!

    You have to love the stock market or maybe not? Look at the share price of SSN two ago and today and show me which investor didn't understand most of what has come out in the last two weeks?

    From a close on May 17 at 2.62 to what it closes at today. What has changed? The price of oil has gone down then up now holding so that is far game changer to some degree but look at SSN itself. No debt then or now. Lots of deals in the works then and now. Some good news some with potential some showing a longer wait on more facts.

    Now except for the price of oil every investor in SSN should know and understand what these all mean to the price of the stock (price of oil being an unknow value thus price effect)

    So what was SSN vaue on March 7 when it was 4.53 that is different from today? Only oil price?

    SSN is a good gamble but a gamble on oil and ng but in SSN mostly oil.

    Oil is a gamble based on those that "fix" the market on its price and the overall eco that allows how much "fix" can be put into the price. Middle east is always good for 15-20 bucks or more if a real shooting war erupts or oil fields at risk etc.

    So do you feel that the upside of SSN is closer to the 4.50 price than the 2.62 price or even today price? Unless the world ends or SSN has uncommon bad luck at drill bit I think the 4.50 price is the better bet but surely not the 2.62.

    So hang on and wait for buyers who are smart to see the value yet to be made and move the stock up. It may take more than 3 months or even 6 but a move of over a buck from where she is today is still over 33% return which even for a year is not bad money. Endure the ups and downs as the "fixers" make their money your not in their league so don't even try to be. Just find a solid no debt co. like SSN with a lot of Potential for growth and enjoy the ride. If they get real luck a triple withing a year is not too much to look for but that 33% should be a given with moderate luck with drill bit and any kind of eco forward. Recession or depression we are all toast again so all bets off if that starts up again and if defaut happens we are worst than toast. Enjoy the ride your not in control but SSN is not a bad car to ride in if you have to ride.
 
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