SSN 0.00% 1.5¢ samson oil & gas limited

The DOW was done almost 300 points at one stage but did well to...

  1. 827 Posts.
    The DOW was done almost 300 points at one stage but did well to be down around 140 points. It is due to better outlook in the US:

    http://finance.yahoo.com/news/Fed-comments-rescue-Wall-rb-1939730.html?x=0&sec=topStories&pos=main&asset=&ccode=

    SSN is cheap and will do well in the medium and long term. However, note that with the Japan situation, many funds are pulling out and that causes a domino effect. Whilst SSN is sound, people just need to sell and use the money elsewhere - to cover borrowings and other losses. It really depends on how 'agressive' you are with you investment.

    For me, i do not borry $ to invest and as such willing to sit tight on a company that i know wil do well.

    DYOR.
 
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Currently unlisted public company.

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