so what happens after the drill, page-6

jak,
you dont have to ask for mypermission to repost it, but they know where we are, we are but a click away. I wouldnt want to ruffle Dr Dazs feathers after the big 'i told y'all so' moment :)


sirjohnny,
I am not sure if you are pissing in my pocket or not, but on the face that it is an honest question, no, no formal training, just a regular punter who probably reads too much :)

If you have to look at MOGs history, of which there is only six months... my take on it is that it doesnt mean a great deal, the stock is trading with very short time frames in mind, support and resistance will pop up all over the place but and you will probably do your head in trying to pick it - unless you are the guy moving it around.

I think it is far better to be forward looking on moby rather than trying to time it to perfection. As I have posted above, it it is pretty clear that there is a massive case for upside but it does carry the downside risk. in my expressed opinion only I think it is innevitable that the share price will at least double once the rig is confirmed and we approach the spud date. there is no need to rush this and interest will buy in to leverage themselves to this upside exposure closer to spud. you will also probably see people tighten up the selling a little bit before opening up just prior to the spud date to deleverage themselves from the post drill risk.

so in my opinion with mog, i am talking a deep breath and remain keenly focused on the future because that is the show in town for this stock.

Cheers,

SF