SSN 0.00% 1.5¢ samson oil & gas limited

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  1. 3,017 Posts.
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    Ill throw in my 2 cents worth. I agree with you all that Samson has found some good support at 3c and there is little downside at the point and the upside is significant as Ripsaw spuds over the coming days. Once we get to the point of spud +4-5days this should see the SP closer to 4c or a 33% return, based on its last run to 3.6c after the previous result in Feb. I think there was limited buying yesterday with the uncertainty of the DOW futures (down by 100 + for most of yesterday), however, with a strong reversal by the DOW (up 60 points so far) buyers should come flooding back in. I think we will see activity in the 3.1-3.2 range today. Cheers.
 
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