Risky, but you could average down at current levels - I'm sure a lot are or have been. Call at 10AM tomor. should drop some hints as to what is happening for the 14th and beyond - still think we should see $40 / barrel for Fri. - it touched on that yesterday briefly. Depending on tomorrows news (and oil price to Fri) we should hopefully get closer to 50 cents for Fri.- If the SH deal collapses we`re back to square one. Day by day for now.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.