Thanks @Galba, the beauty of HC is the exchange of information;...

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09/05/18

22:48

Post #: 32995582
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Originally posted by Galba ↑

Nice tip @Create tend to feel like you've got a good gut read on these TA movements (and I like seeing your TA match cross a good FA pick on my side - as TA is not my suite) Also actually feel like you should be a bit higher on the leader board, but it's been a tough market

I note @radx has also seen the same signals

Do think as @minoil has eluded to elsewhere that RMX have had too many failed acquisitions now and this one next one had better be on the money - and as usual the stench-o-meter is pretty foul on the RMX threads, which is always a contrarian sign I like.

Think the RMXOG's and OH's (At 1.5c and 1.8c expiry) are also good leverage at the moment for a bag or two if the acq - emphasis on the "IF' is right. Hold a few of the OH's which are far tighter (with 37m on issue vs OG) - so in short good leverage here on both.

But caveat emptor as my bias is always on shells as at least your downside is limited so folks can factor that in as well

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Thanks @Galba, the beauty of HC is the exchange of information; we can all benefit from each one's constructive posts. The best runners are when FA and TA synch. It's great when you catch one. As you say, shells can offer great potential if one is patient and selective. The downside is when they fail to make an acq and go into long term halt; I've got caught on a few.

As many write, the real game is about managing your risk, staying the course long enough to find the path that works for you, and an ounce or more of luck. The STT thread has been a great boon for me and I appreciate Captain @Freehold and the many posters who make it one of HC's gold nugget threads.

Last edited by Create: 09/05/18

XAO Value at posting: 6,204.4
10 Upvote

0 Great analysis

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