Yes, Ozzyleb, I did the same with STO put a similar amount on...

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  1. 12,929 Posts.
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    Yes, Ozzyleb, I did the same with STO put a similar amount on it, doubled up on an average up, and then when it got close to $8, with all the volatility, gave it the flick and prmised myself I would only buy back if it hit $6 or perhaps in the $6s. ORG has lower cost O&G but has a downstream utilities arm, I sold most of my ORG 2day as it happens as I called it to go below $12 which it has now done but I can't buy back yet as the signals, depth and T/A suggests it could hit $11 depending on POO of course.

    SXY is the best play IMHO but pls DYOR. I can't see much wrong with SXY, shorters obviously can but they have had some curly times making money out of SXY to the benefit of us long term holders.
 
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