All indications point to positive information on the Frac process is expected soon. Hopefully this week. This will be the boost SSN needs for the SP to test the upper resistance. Expect problems due to profit taking. The SSN shares will have to go thru this step before breaking out.
Expect a increasing net profit margin on the next financial report. The debit/equity ratio will remain sound based on comparative companies.
SSN stock is performing quite well. Samson Oil & Gas price change in past 3 months: 125.5%. Difference from the average for the Oil & Gas Drilling & Exploration group: 114.40 pct. pts. Percentage of all stocks that Samson Oil & Gas outperformed: 99% Samson Oil & Gas price change in past 6 months: 210.0%. Percentage of all stocks that Samson Oil & Gas outperformed: 99% Samson Oil & Gas price change in past 12 months: 188.4%. Percentage of all stocks that Samson Oil & Gas outperformed: 98% Volume is the key and we need an increase to override the Bots. Expect the selling (profit taking) soon. SSN will have to go thru this before the stock has a chance to start increasing.
SSN Price at posting:
6.6¢ Sentiment: LT Buy Disclosure: Held