OPL 0.00% 2.5¢ opyl limited

PonyBoy,Just curious if you think technical analysis is really...

  1. 172 Posts.
    PonyBoy,

    Just curious if you think technical analysis is really that valid when analysing small cap oilers? I've always found that since there is a substantial liquidity premium in smaller issues, trading purely on a technical view is dangerous.

    I view junior oils using an European option valuation framework because each well actually represents an option on reserves. It's worked extremely well for me in the past.

    Just my thoughts. Would welcome any other views.
 
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