SSN 0.00% 1.5¢ samson oil & gas limited

7 cents would be a perfect and complete 75% FIBBONACCI retrace...

  1. 166 Posts.
    7 cents would be a perfect and complete 75% FIBBONACCI retrace from 28 cents !

    Very possible in FEARFUL times!

    Now, what did they say?

    When there's blood on the streets, buy IN?

    But that takes guts and balls of titanium, isn't it?

    There's always the WHAT IF question.

    What if the share price goes even LOWER?
    Think CENTRO Properties
    Went from AUD$10 to AUD$1, then to AUD$0.04
    and then to AUD$0.15, and a few weeks ago, when they finaly got some buyers interest, it got a flu and went all the way to less than 9 cents!

    But I am sure SSN is cash loaded, PRODUCTING, with Assets will NOT go the way of these Highly Geared bad stocks,

    Still, in the short term, it is VERY possible fro share price to go even lower..............

    agathos, Perth.
 
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