STO 0.00% $7.48 santos limited

STO rally unconfirmed

  1. 2,558 Posts.
    lightbulb Created with Sketch. 181
    Lets focus on STO.

    Umm lets see

    Pls answer the following

    1) what will happen to oil when US raise rates - what will be the impact on STO

    2) what happens if world growth slows or does not grow at expectation and what will be the impact on oil supply

    3) what do you think shalers are doing now with oil around $50 to help survival for a bit longer

    4) do you think the major OPEC nations are going to stand by and do nothing

    5) Is STO cashflow positive yet - how would anyone know when management dont even know- thats an entire story in itself.

    6) By all means play the volatility but understand thats what you are doing. Just beacause some analyst comes out and says STO will be $6 does not mean it will go straight there. The same guys said oil will go to $200 then $20 now $80. Just because they need to tell a story in no way means it is always 100% correct - use some cynacism

    7) will the good GDP print yesterday favour another rate cut?? How will stock markets react - lets see how today is looking??

    My point is there is so many geopolitical issues floating around now that one has to be very careful at present and play conservatively and if this means giving away a little upside to protect the downside then so be it.

    I ask all of you what do you think will happen to stock markets if Donald Trump becomes President?? - Thats a thought you should sleep on.

    Also coming up to tax time so a bit of gathering tax losses may be in order. Just be careful. You dont have to trust or believe me but its common sense.
 
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