ADX 0.00% 9.7¢ adx energy ltd

downside is by my guesstimates to the 14 cent range on failure....

  1. 2,405 Posts.
    downside is by my guesstimates to the 14 cent range on failure.

    this is a gamble. you are punting losing 10 cents from 24 to 14 and hoping to make a dollar on a big win.

    the risk of success,is it 10 % or 30 % that is why people are buying and selling at these levels. only the drill bit will prove who is right.

    the market is showing how the risk is being priced right now. you think you know better on the downside,sell. you think you know better on the upside,buy.

    most people do not make big killings on oil specs,but the smart money that entered adx early is not dumping everything,the small volume in the oppies proves that.this is a positive sign that although not a certainty,shows it is a real chance,not a pump and dump.
 
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9.9¢ 74800 2
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
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