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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Long Run Explor Ltd Ord > SP will be above $0.47 around noon
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Comment by wilwalon Mar 01, 2016 11:50am
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Post# 24609007

RE:RE:RE:RE:RE:SP will be above $0.47 around noon

RE:RE:RE:RE:RE:SP will be above $0.47 around noonIt's certainly not wrong to sell below .47.  It just depends on what kind of a trader they are.  Arb buyers are strictly financiers like auto loan dealers and look at it like oversized interest income as it is all about time value when most of the risks are mitigated.  Sellers today are traders who play it differently and figure they can make more than 10% elsewhere in the next two or three months.  That's what makes a market, both sides are happy!
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