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Aroway Energy Inc ARWJF

Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.


GREY:ARWJF - Post by User

Bullboard Posts
Comment by palidenon Oct 15, 2014 4:41pm
101 Views
Post# 23031417

RE:RE:RE:RE:14 cents

RE:RE:RE:RE:14 cents  I guess I won't have to say I am brand new to Stockhouse as this is my first post.    I  read your post off the front page.       
   That 20/ 50 stratagy is very interesting way of catching rallies  buying the longer average for strength and selling the shorter one to catch weakness early.    Looked at it historically on a few stocks.    I like it .    It  works well especially in strong stocks prone to wider swings.     Thanks.
  
  The 13 cent difference in the Canadian dollar amounts to 13% price cushion for oil or any other  companies who are paid in Canadian dollars while the product is priced against the US greenback.   Definatley a benifit in any kind of market.  And it looks like the spread could widen some yet.  
 
  
Bullboard Posts