News: Grand Gulf Energy targets more oil production with Louisiana well, page-16

Thanks Rob , Makes sense
Rob Hap Etal

Muses on the Sp

My take for what it's worth is that 1c ATM is a pivot point.
I would be quite happy to see .9c to 1.1c until WK and Abita
come on line.
Steady Vol around 1c please in the mean time. (Robs Consistent Volume)

A base Sp pivot of 1.3c after Wk , Abita would indicate that
there is a strong possibility that the .003 old money (MacBank) 1.5 c
new money "magic number" is where we will be on a Louise flow Ann.
At this stage there may be more Sell Orders appearing further up the tree.

I'm prepared to sit this one out until well into '15 .I don't think the market
as an entity has as much effect on the likes of GGE micros as their management
and the large percentages available on outlay, all being well.
So I'm not taking eyes off the prize to add a market factor to the equation, that I don't
understand .
I know that percentage works both ways but the positive is much better than Commbank

Holders with a large hold at 1.5c average or above are in a good position
to average down ATM.
Those already green are , I would imagine , sitting tight grinning and nibbling.

Not advice in any manner or form , Just MHO

Those of us who got stung with options have some ground to make up .
My sell orders are in well up the tree and the nibbling has been
good so I'm green at 1c.
More good luck than good management .

CH$$RS R15