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jaiml

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jaiml

Re: The Grabber post# 40630

Friday, 04/29/2016 10:59:41 AM

Friday, April 29, 2016 10:59:41 AM

Post# of 47072
Hi Steve,

kudos to you for sticking with AXAS. It takes a lot of guts and conviction. What a ride...

I sold out of EGY last year and decided to play the O&G sector via PDCE (they are better hedged against low oil prices) and CNQ (on the Canadian side - a good proxy for Canadian oil). I figured I would be able to stay the course with these two than with others. So far so good.

Out of curiosity, how do you calculate the next sell to be 1.85? is that to meet a certain minimum trading amount? A move from 1.4 to 1.85 would trigger a very big sell, no?
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