KAR 0.98% $1.55 karoon energy ltd

I was a buyer of 20000 units in Friday's after-market auction at...

  1. 234 Posts.
    I was a buyer of 20000 units in Friday's after-market auction at $7.50.

    First and second waves of panic are now done (those that caught the news as it came out and those that came home to a big surprise and sold out Friday morning.)

    I feel this is a tad overdone now and there was a nice bid at $7.50 to lean on.

    Will most likely hold this until some clarification on the well is provided by the company, or if the price action dictates I need to step out.

 
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