BUY 20.0% 0.6¢ bounty oil & gas nl

chomp, page-34

  1. 4,409 Posts.
    No probs Oscar, my reason for buying is the break out, then the retracement seeming to find support. Plus i sense oil to be moving higher and possibly breaking out. I know I know no production yet however Oil is a possible driver.

    Now in saying this if breaks this so called support area then I am out. This does not mean the stock wont go higher but thats the way I play. Small loss vs anticipation of a larger gain.

    Further if nothing happens tommorrow I maybe out, as use time factors as well.

    Sounds crazy? maybe however if not going to move I will move my money into another stock that will. eg maybe buy some more RED. However fairly confident tommorrow maybe my day and yours for that matter and all other holders.
 
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