Alexh 1985 , Occasionally, just occasionally during the F/Y, the planets aline with different stocks for different reasons , this phenomena does not happen often , I generally witness such an even about 6 times a year on average.
When it happens , investors should take full advantage of it , a perfect example of such an event was last week when foolish sentiment pushed STO down to $3.95 , however during july 2013 the stock was trading at $15.80 , so what changed , here we are 2 years later , its a better stronger company , the first ship pulled into Gladstone to load up with the commodity investors have been talking about for years , it finally happened , the first of thousands of ships arrived , we have been waiting for years , its a SPECIAL event , Queensland selling gas to the WORLD , There is an old saying , buy on the rumour , sell on the fact , well the rumour was STO might be able to pull this off , the fact was they did pull it off , yes at great expense , believe me it will not take long to pull back the investment they made , Time to rejoice , not to sell. It will be a shame if indeed STO must dump core assets , if the S/P continues to rise even slightly , the predators will back off and STO may well get back to where it was 6 months ago pretty quickly with out a fire sale of assets.
If Putin continues show the rest of the world how smart he is be firing missiles thousands of kms across very unstable ground , ( iran ) eventually some of those missiles will fall on the wrong tribe of OIL rich camel riders , when that happens the price of oil will sky rocket over night , forget oil getting back to 100 bucks within 2 years , it will make that in a 2 sessions. While ever the commos continue to show off I expect STO to continue this run , if Putin all of a sudden crawls back into the Kremlin , things will slow down for a little while , but while ever he is big noting himself there is enormous risk the problems in the middle east will escalate , how many times have we seen it happen over the years.
The difference this time is that us Aussies are now in a position to take full advantage of their insanity. BHP , STO , WPL , Bring on more squabbling in the middle east.
A few months back I was buying Elders for a few cents , same thing planets all lined up , look at Elders now , so do we stay in or get out. I got out unfortunately , in hindsight I should have stayed in , but I departed with a profit , a profit no matter how small is a profit , if you leave the room with some one else's money you are a winner , a winner , Alexh , what do you do now with STO , leave the room with the money , or hang on and hope for further gains , big decision , I'm hanging on ,I may well loose the lot , but that's investing.
PA31
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Last
$7.68 |
Change
-0.010(0.13%) |
Mkt cap ! $24.94B |
Open | High | Low | Value | Volume |
$7.70 | $7.78 | $7.67 | $58.69M | 7.605M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18648 | $7.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.69 | 18584 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 10683 | 7.670 |
8 | 35378 | 7.660 |
6 | 52442 | 7.650 |
1 | 10122 | 7.640 |
2 | 9184 | 7.630 |
Price($) | Vol. | No. |
---|---|---|
7.690 | 18584 | 2 |
7.700 | 28056 | 6 |
7.710 | 28352 | 3 |
7.720 | 27852 | 4 |
7.760 | 1000 | 1 |
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