SSN 0.00% 1.5¢ samson oil & gas limited

scamex : ouch, page-26

  1. 2,347 Posts.
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    Sushi

    Your post seems to be heavily leaning towards the negative and emotional.

    Look at the facts

    Low volume ($260,575 traded so far today)
    Whole market is down
    Many junior resources/oil stocks down (some at a greater % loss than SSN)

    I would much rather be down but on low volume than down with high volume.

    The chart is not 'terrible'. That is a slight over reaction. The sp is mearly range trading between 6 and 7. This is normal while the market waits for more news.

    Charts are also open to interpretation so what you see isn't necessarily what others see.

    Comparing SSN to other stocks is pointless and achieves nothing. It is what it is, no more and no less. It is moving in a way dictated by the market and the market sees it the 6's. It will float around this level until the market is given something to tell it otherwise and then the sp will move in the direction that is warranted.

    Please don't take this personally but I sense your post reflects personal frustration and angst and that doesn't necessarily help to remain objective.

    SSN will move it's sp when it announces something that the market believes warrants a move. Until then sp will drift. That's reality.
 
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