you were responding in a line of chat that was about assessing whether sto was a buy and morphed into a discussion on oil drivers - but still tagged to sto immeidate buy/sell idea.
dont disagree with your thesis
sto's issue is that its debt and finance obligations come due in the trough - thats what smarts and thats why i think the stock will be able to be bought at $5.50-6 rather than above 7.
i used to study martial arts and some like akkido its all about pressure points - unfortunately sto has the most vulnerable pressure points of the 'big' asx lng and oil producers.
the antelope are running across the river. the hedge fund shorting crocodiles are circling. wait - there goes the sto antelope!!
ORG Price at posting:
$11.13 Sentiment: None Disclosure: Not Held
STO Price at posting:
$7.29 Sentiment: None Disclosure: Not Held
WPL Price at posting:
$36.35 Sentiment: Sell Disclosure: Not Held
