SEA 1.25% 19.8¢ sundance energy australia limited

I have answered the same question many times but just for you I...

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  1. 1,571 Posts.
    lightbulb Created with Sketch. 97
    I have answered the same question many times but just for you I will answer it again.
    I follow SEA as it has become a good trading stock.....won't hold it long term as I believe it is a dog and the charts support this and FA support this .

    Happy to trade it but not to hold it as a long term investment.
    With the amount of funds I use it's a nice return on a 1 cps shift.
    Given 1 cps shifts occur on a daily basis (not that I trade daily) this gives plenty of opportunity to do a couple of trades a week.
    More often than not I am in and out in the same day.
    Profits are stacking up very nicely.
    I have done a ton of research on this stock to firstly ascertain if it was worth buying and holding long term.......IMO it is not but happy to day trade it.
    Judging by the trading patterns I am not the only one doing so
    Last edited by xmanrocks: 28/03/19
 
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Currently unlisted public company.

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