OSH 0.00% $4.04 oil search limited

Yep, it has been a crazy month for the price of oil and for the...

  1. 3,535 Posts.
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    Yep, it has been a crazy month for the price of oil and for the OSH SP. OSH rallied twice. One day the SP got slaughtered over the CEO debacle. That night the POO tanked. The next day the merger was out of the bag and the SP rallied again. Now rally is over and she is sliding some what. I bought and sold in amongst all that. I felt FOMO and greed and fear but never ennui.

    Long term I am bullish. Short term I think that the merger thingy is putting a floor under the SP. The SP is about where it should be regarding the merger- given the SP of STO.

    You mentioned that you had a significant amount of money involved. I trust that it is money that you can afford to risk. That is the important thing. Over committing leads to stress and does not lead to subsequent sound decision making. All the best.

    IMHO DYOR
 
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