PSA petsec energy limited

due for a run, page-3

  1. 329 Posts.
    re: going for a run I agree 1boy. This stock is volatile and definitely not for the faint hearted. We'll see $1.70 again, perhaps more with drilling success but we will also see 70% pullbacks.

    If you have good risk management this stock is richly rewarding.

    Personally I think these behavioural characteristics will hold until reserves are around 100bcf. At this point the swings in value will be much smaller.
 
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