Well as i stated, you buy lots shares at the start. more than you planned, as much as u can afford. then you sell as you go may be 50% of holdings. then you are out with profit on those. keep the last 50% in the view it goes up. if it dives you are cashed up to re buy if u want. or sit on the shares that own you nothing. once 100% has been reached you will see people taking money of the table.
I hope so i am cashed up for that time. the share drops only one way. when people sell nothing to do with news or potential any thing. But if they strike oil then its that event that makes the price jump dollars not cents.
now the rise is based on spec news and lots to come. Your friend is right. but not a genius. its been done before. But there is no better event then being there when they drill at a low average price. we can talk this share up or down.
I think swe is a potential winner more so in the long run.
but if you want out that is cool. as i said that makes the stock market what it is.
SWE Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held