Morning Traders 10 April Monday, page-3

  1. 10,466 Posts.
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    PRL - One to watch, may not be a DT but the closer we get to drilling the higher the SP should move. Holders waiting for the first news that the rig has arrived at port to tick the first box. Issue here is the sheer potential of the drilling, is hard to see another stock with such potential, has real multi bagger potential (in very short time frame). That potential will drive speculation which is the biggest SP mover at this end of the market.

    I don't normally make SP predictions but 4c+ was my original target but now with global issues 5c+ more realistic by spud date. Reminds me of VIL many years ago (for those who remember) which ran from 2c - 3c to 10c on pure speculation, note PRL potential bigger IMO. Not saying it going to 10c but an example of what speculation can do. 5c+ like I said seems more realistic. Good luck to holders, and do your own research this market too unpredictable.
 
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