STO 0.59% $6.79 santos limited

There are two could-be catalysts: 1. POO. If poo does cross the...

  1. klu
    551 Posts.
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    There are two could-be catalysts:

    1. POO. If poo does cross the $60 line, then no one can stop STO crossing the $6 line. That's the good thing to buy commodity stocks. Many instos are able to manipulate a specific stock on ASX, but they cannot do the same on poo.

    2. The shorts are increasing and so is the SP. A stop-loss line or short squeezing could be a catalyst, but I do not know when.
 
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