SXY 0.00% $4.60 senex energy limited

Signs of Bullish behaviour, page-14

  1. 205 Posts.
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    It is pain for us to see SP dropping bits by bits. But shorters are vulnerable too, they have to make profit reporting to management and have a big overheads. It is more disadvantageous to them than to us in longer terms. Once that they find there are no SH are willing to sell, they will be forced to buy back. Furthermore, shorters are also subject to the risk of oil fluctuation. Nobody can say this is a safe world and anything can happen now and then.
    Senex is safe till financial year of 2016, I am increasing my holding steadily and hoping that one day I can take a meat from crocodile.
 
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