daytrading feb 14 afternoon, page-2

  1. 22,120 Posts.
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    Arvo thread kicked off will repost my last post as missed the 1pm closing bell exchange

    XST vs CTR is a good example of how momentum right now is playing a far greater importance than fundamentals

    XST no cash should get $750k from Tunisia merging with a $10m dollar company so will have a market cap of $12m and will need to raise $25m to complete the workover program so over twice its merged market cap value or about 10x its current market cap


    CTR capped at $8m report out showing value of $70m and now estimated flow rates increasing the chance of this and while not flush with cash these wells arent expensive and so a few million goes along way


    Result XST is the one to run because of momentum and traders

    It is what it is
 
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