88E 0.00% 0.2¢ 88 energy limited

88e Long Term Investors Group - feedback on SP, page-5

  1. 626 Posts.
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    I believe some of the larger investors out there are opting to hold onto cash for little while, as unfortunately our pivotal news events uncannily seem to coincide with wider market turmoil events like Brexit and of course the US elections where both candidates are on dodgy ground.

    I'm thinking a Trump win could be good thing for the US oil industry so it may help us in the long term and should be slightly better than a lame duck under investigation.

    For this reason I doubt many ANNs will be dropped so the markets should be quite for the next couple of weeks.

    It didn't stop me buying some more today though, as I truly believe we've established a nice base at 4c /2.5p.

    However as a long termer, I'm not really fussed about SP movements at this stage and will continue to buy sub 4p level and often play with a few trading batches to maintain some interest.
 
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