PPP pan pacific petroleum nl

No longer holding this stock, but US$20 rises in oil will impact...

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    No longer holding this stock, but US$20 rises in oil will impact PPP dramatically. Oil broke out of its primary trend and rallying currently as money moves to hedge against dropping US dollar and inflation concerns from feds US$1 trillon bailout.

    PPP lacks management and a clear growth stratgey hence floats rudderless with the tide of oil prices and market sentiment-both highly volatile presently.
    Take profits and trade PPP as it rises and buy on the dips.
    TUI has peaked so any weakening in oil prices, production decline or when the market plummets again(it will) will weaken SP.

 
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Currently unlisted public company.

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