Has anyone else noticed this?, page-2

Stiffler88.

Nice post. The fact that Oil Search was sold down is enough to hold the price where it is, and with the price of Oil down only gives cause for a small drop in price. Oil Search has about 1,000,000,000 shares on issue and on any given day she is only trading a small percentage of this amount, brokers are selling and buying this stock and holding it tight but by the end of the day she will be pretty even, unless news comes through that will take the share price up. Oil Search is oversold and the market knows that but in this climate where there is no buying the smaller held stocks like Oil Search will hold tight.

Dont be suprised to see a fall of a few cents during the day as the market is still falling and people will sell and hold there money rather than hold there stocks and Oil Search is no exception. But like you said she is going to turn and it looks like she has held well at this low price and what I can tell you, we are about to hear about Moran 8 as there has been more success here than on Moran 7 and as for Exxon now there is going to be the suprise.

People are buying into this stock and holding but always remember these are volatile stocks because as hard as they fall they can rise twice as hard.

Mark...