RE:Want to know your guys opinion on thisIt's pretty well a random walk until results from next well come out in Q3. It doesn't correlate with anything that I can find.
Lots of things to worry about. The election is the biggest wild card, one can argue both good and bad from any projected result. The lira is sinking and is possibly the worse of the emerging markets right now.
Turkey needs the n.g. very badly for their own economy, so we know the probability of being nationalized is near zero - they don't have the expertise to exploit the opportunity. Erdogan is not a stupid person so I am not worried about that.
As you know, at least one major institution has bought a large share, twice, in the past two quarters. They are smarter and more conservative that anyone on this board.
Braver people than I are trading it. I am too worried about missing the upturn to sell any of my shares.