re: sto is time to short absolutely not!!! well a month has gone by since i looked at sto - ANdre8 that 13.70 ish call for sto on 21/11 is still a possibility. amazing what can happen in a few weeks. anyway I went long last thursday on sto. not sure how far oil will fall in the short term but my bet is $58 b4 it bounces back up. Im sure the oil majors are still fine tuning the price. $70 a barrel is obviously too much but $60 "isnt so bad" but will feed inflation and anything under $60 will prob see the global economy take it in stride. If it goes too far below $60 then id expect to see sto decline further in share price.
Time will tell.
Cheers
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$7.23 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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No. | Vol. | Price($) |
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3 | 10011 | 7.220 |
7 | 77387 | 7.210 |
14 | 134560 | 7.200 |
6 | 80121 | 7.190 |
1 | 500 | 7.180 |
Price($) | Vol. | No. |
---|---|---|
7.250 | 10000 | 1 |
7.260 | 2843 | 1 |
7.270 | 55113 | 6 |
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