hopes of 25m barrels, page-26

I reckon anything under 12-15c is a decent bet...say 10% chance of success (I know some say up to 25%) and success value $1.00+ and 90% chance of failure (value 5c). At any rate < 6c was an absolute no brainer and it was sitting there for ages. All back of the envelope. At any rate Snacks it's crash or crash through for most, not a 10-20% trade. I will sell some for free carry if they have a whiff of success but let most ride. Great risk/reward proposition and we'll know the outcome quickly, which is great for ADD day traders.