CVN 0.00% 16.5¢ carnarvon energy limited

There are so many factors to weigh up at the momment its hard to...

  1. 3,891 Posts.
    There are so many factors to weigh up at the momment its hard to work out the weighting factor of each.
    We have the DOW- Will it be a massive drop/rise overnight factor...
    The price of oil which on the balance of things is likely to trend down, but can easily spike either way overnight.
    And the company itself , who will have a flow testing update on the last 2 wells, due i guess sometime in the next 2 weeks.
    If you consider safety of cash to be the number 1 priority, and want to have the odds tilted in your favour, then the best option is to buy on a big red day and trust that historically 75% of big fall days are followed the next day by a relief rally.
    Either that or go with steve,s idea and toss the coin. ha ha..
 
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