KEY 0.00% 0.1¢ key petroleum limited

sandys 2 cents worth

  1. 37,286 Posts.
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    ok, enough of the back slapping and self congratulatory posts.

    lets get back to basics before the start of trading tomorrow.

    in light of the market being extremely volatile i still be leive the Cramer strategy still stands "buy on the weakness, sell on the strenght"

    taking some profits along the way is the most important thing in this current market. i suspect a few posters on the KEY thread are doing exactly that.

    KEY will probably have further cash burn in the next quarter with associated development costs and perhaps an appraisal well following up from KN#1.

    if we have a couple of good days early this week we should see the share price climb again, then again it could easily pull back if the market then has a couple of bad days.

    lock in some profits and most importantly "trade wisely"
 
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