Ann: Austin strikes Oil in Colorado-AKK.AX, page-251

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troyboy

1,764 Posts.

31/05/16

13:26

Post #: 17911627
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Originally posted by cmonaussie ↑

Troy old boy,
Is the corollary to " Seriously, would you hold a stock and talk it down"
then be .... Seriously, you hold a stock to talk it up.
Would that be correct?

You really think that Pathfinder is "spread over the DJ Basin" and that the handful of acres that is Pathfinder located in outlying acreage on the fringe of the DJ Basin has any of the economic let alone geological potential associated with the DF Basin Core and Tier acreage locations. It is in Fremont County. It hasn't moved.

You've identified yourself as a "Chartist" with a particular focus on "Volume". Sounds a bit like a game of "Pass the Parcel". All fun until the music stops and the "gift" is unwrapped.

What "Momentum Investors" need are new patsies to pass the parcel to and the music to play long enough for them to cash in/out to make their game attractive (FOMO is a powerful motivator).

Undoubtably there will be trading opportunities to make/lose money. There exists other items of discussion surrounding the company fundamentals which require non chartist expertise.

@Brant7424
Which set of Gustavson Reserves numbers do you believe in? Nov 2015 or something else? You do know those Nov 2015 numbers I responded with are also in their HY Report on pg 12. That's a "regulatory document" so we'll call that one the source of truth.

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I do prefer to trade via TA rather than FA yes.

Volume does play a pivotal role, as do a number of other key indicators. I just think it's funny to see you guys focussing all your energy on a stock that clearly has burnt your pockets closed.

Unlucky

AKK Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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Ann: Austin strikes Oil in Colorado-AKK.AX, page-251

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