POMO schedule due out tonight. If the schedule is good = good for equities. She should rise back to 53-54. Weekly - if the DOW holds up 56/57 on the cards come close Friday.
Maybe a little more if an ann is annouced regarding the due $.
I think the markets entiment si in control now - not the fundamentals. She was way undervalued before fundamentally wise. A bigger spike over 60c will not come yet IMHO. That will not come until mid Nov. Problem is does one risk selling out now to try and get back in around 45-48 IF IF the dow corrects?
If you are someone like me who has been or the ups and downs - made good money - then been stuck having bought in at 40c why bother??? Not worth it. I am in all the way! Looking for 1.50ish - though she could easy go to 3.00 mark if she hits gas! Baby Karoon! Risk of coming back to 20c YES - it is there for real. Each one must risk what they can afford and be ready for one hell of a ride come spud date. That is oil and gas!
But for someonew who bought in the mid 20s - well I for sure would take some profit and keep some in. IMHO.
Good luck all - bring on that nice POMO shcedule tonight Mr DOW!
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