NWE
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0.00% 5.6¢ norwest energy nl

re: acturtle/ascending triangle breakout pattern Sorry mate,...

  1. Mangrove
    1,747 Posts.
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    31/05/05
    16:23
    Post #: 928792
    re: acturtle/ascending triangle breakout pattern Sorry mate,

    been out all day.

    Several sources now accept that success at Magnolia is worth $1.00 to NWE.

    I have seen risk calculations in the range 8 to 1 down to 4 to 1.

    Just calculate the odds (as any risk taker would) An 8 to 1 chance at $1.00 is 12.5 cents. A 4 to 1 chance to win $1.00 is worth 25 cents.

    Since costs are negligable, that's the opportunity value in Magnolia right now.

    Cheers,
    NWE Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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