AMU amadeus energy limited

Ozgem, if you are short term trader, then this is a good market...

  1. 7,578 Posts.
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    Ozgem, if you are short term trader, then this is a good market for you, as it is very choppy. If you are an (long) investor, it is a difficult market. I imagine there are very few stocks which can distance themselves from the general market. They would need to be achieving something quite outstanding for the market to get truly excited. I think in this particular case, accumulation is the name of the game, unless you trade in and out in smallish parcels, which is not my game. If they are successful with schwing #2, and it is 50bcf of gas as they predict, then I think that may be the catalyst for some market attention. If they are not successful with schwing 2, that won't particularly worry me, as they are still way undervalued, based on a number of measures, plus they have other major drilling opportunities coming up. I see they have had a second successful Kansas well...they are on a roll...batting almost 100 this year so far.
 
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