GREY:SOGAF - Post by User
Post by
oilandgas111on May 11, 2012 7:53am
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Post# 19898255
We are back to our 80 cents support
We are back to our 80 cents support This stock is so frustrating. Me and Darcylow had been buying like mad to increase the share price and get out of this 80-90 cents trading range but then few days later when we stop buying it goes back down to its 80 cents support level.
I don't know what can move up that stock. It is stick to 80 cents support since ages. Very frustrating stock to hold.
but the the brent price which is lower everyday doesn't help I guess. Some analysts see brent price to $80 later this year with china slowing down. If that the case we will be traded at 50 cents later in the year. But who know what the brent price will be in few months......