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
re: sto is time to short absolutely not!!! well a month has gone...
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Last
$7.37 |
Change
-0.070(0.94%) |
Mkt cap ! $23.93B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.49 | $7.37 | $73.51M | 9.917M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 51006 | $7.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.39 | 11000 | 2 |
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| STO (ASX) Chart |