BUY 0.00% 0.4¢ bounty oil & gas nl

Yeh I'd be careful at the moment as it's slowly being sold off...

  1. TDS
    725 Posts.
    Yeh I'd be careful at the moment as it's slowly being sold off in large chunks since last week. I'd wait for a turn around and a bit of holding support as all those orders are stale and have hardly moved or been added to so in turn are just getting eaten away but that's just my opinion of course.

    Unless the report comes out in the meantime it's got the potential to head towards it's support at 9c and there's no reason for it not to IMO but that's the risk I guess, as soon as the report comes out people will jump all over it quite quickly, depends whether you're able to keep a close eye on it or not but if you can set an alert I reckon you'll get it cheaper (even though 9.5c to me is a good entry, bound to get 11 or 12c out of it I reckon).

    Just my thoughts and of course DYOR but good luck. :)
 
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