PSA 0.00% 2.1¢ petsec energy limited

due for a run, page-3

  1. 329 Posts.
    re: going for a run I agree 1boy. This stock is volatile and definitely not for the faint hearted. We'll see $1.70 again, perhaps more with drilling success but we will also see 70% pullbacks.

    If you have good risk management this stock is richly rewarding.

    Personally I think these behavioural characteristics will hold until reserves are around 100bcf. At this point the swings in value will be much smaller.
 
watchlist Created with Sketch. Add PSA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.