SSN is the saddest company in my portfolio. I bought the stock in early 2012 and am looking at almost a total loss. Does anyone have anything positive on this stock... I'm thinking of taking the loss and being done with this tank train forever.... What do you think iHubbers? Rising oil prices have any effect on SSN?
I was looking through some buying scans from the middle of the week and saw Samson pop up in the results. The chart has good macd bullish divergence and the macd is crossing 0 upwards (I call this my "moneymaker" signal because it's low risk to enter, can use older results, and usually calls the start of a long trend once it takes off).
There was also a large buying volume spike a year ago which changed the character of the chart. Based on these findings I would surmise that the worst is over and the chart should start to climb back upwards...this could be the start of a double bottom reversal pattern...hope you didn't sell at the likely bottom...
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