F I think Im contrarian to how soon the ann hits...I am confident it is going to take us somewhere good or I would have either dumped or reduced my position by now...I am thinking post ann double digits with current POO... and a stable run up once we get to digest the actual ann and follow ups. I am also pretty damn confident that Ice2 is going to be a shoe in...so that's my state of mind as I type. Mentioned I'm bull on oil and hopefully when 88e is teady for market POO is better than current analyst expectations. Soooo...see that ann is going to drive SP...right now looking at day play pre ann. This is a very liquid stock for a spec....I really like that because it ....I hope this doesn't raise eyebrows...like I said I'm more a mid/large cap kinda guy...but 88E feels like that kind of play...maybe its just me...hard to express really.
Anyway...since entering and picking up on the manipulation...I have always felt that the retrace from Ice1 was way overdone and that the SP should have been in or around about where it is currently. I am keen on volume and like that we have a pretty unusual strength and cohesion in our LTs. Never seen this before personally on a spec. That reads confidence and as we go forward (bar any disasters) I think the stock overall is going to find a new level of stability/rerate which is something that I think hasn't been the case. Of course this is mere speculation but it's the "vibe" I'm getting...and if pressed I think I can justify my position which is always a great self check.
Add to that some of the knowledge base in here at every level i.e. senior FA and TA gurus...people that rake over every fine detail of every ann. I mean you get just so much input from so many sources...wicked good!
I like reading new investor posts as well...even the Troll posts (our trolls are pretty lame though...they gotta get some new tricks honestly) are all good indicators re interest/exposure enthusiasm etc.
So that's why I'm not really fussed about the ann. as a momentum killer...different than say mineral type specs where a late call can smother interest very quickly. Thinking gold copper nickel type plays.
Bottom line is I'm confident in the stock and see a massive potential here. So happy to give it a day or a week. Think we are going to see this keep climbing pre ann even if it's a week or two away so it brings on a good balance of new investors with new and higher expectations than those that have held through a long period of suppressed SP...who have seen such a long run of sideways drift.
Having said that happy to get the ann today ...but wouldnt mind a little dip today to top up a little either!
Anyway games are about to begin.
Catch you later
Cheers
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