In the time we have been sitting here in ODN static around 1.7c, 88E has gone from 0.7c to 7c - that pretty damn nice!!
But I don't get why (I better ask here instead of getting crucified over on their thread). What is so great about an Alaskan Shale venture in a world awash with the black crap. We are only just touching $40 a barrel thanks to Saudis, Iranians and Ruski's (who all produce the stuff waaaaaaay cheaper then the yanks) turning down their taps a little. Maybe I'm stupid needing to understand a stock's intrinsic potential value rather than just a price trend.
If you are in this for a couple of bags on ANN, all good I guess - but unlike Gridcomm (which I intend to hold some of for at least a year or two) I would drop 88E as soon as you make your target.
just imo
ODN Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
