SEA 0.00% 16.5¢ sundance energy australia limited

oil price, page-23

  1. 337 Posts.
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    Hi Luap,

    I prefer to trade in stocks with a higher volumes.
    SEA often starts off slowly, and doesn't indicate a direction until around 12 or 1. I admit though it often ends the day with a bang.
    With a small number of trades per volume, it might make it difficult to sell, and then be forced to hold. Holding overnight would obviously expose traders to changes in oil price, which might not be ideal.
    The upward trend obviously mitigates risk to a degree.

    I'll continue with LT hold, topping up if given the opportunity. 114 wells for 2011 should make this one grow nicely. Go SEA.

    Cheers.
 
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