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skoondog64

03/09/16 9:18 AM

#3910 RE: Fanthos #3909

Sir, any price will work.. If you are a hardcore trader, then you know that you are dealing with a stock that has been too $90 plus stock. Now when you have as many as 10,000 or 100,000 shares yes then maybe support level will work. But Oil and gas should run north soon!!! I'm trading HK, EXXI, AND SSN. But very heavy in HK. got in AT $.43 I'll but to $10.00 if I half too. I'm in this as an long term trade, very long. I will sell when ever I need the cash only. That's what's so good about swing trading. You control everything an stock does. Because of knowledge, understanding Lower indicators and just knowing how beat down oil really is. Folks it's a game!!!! And you got to be at your top game, when playing this game. That works off supply and demand. Good Luck!!!!! I will tell you this, support is at every $5.00 give or take. So that tells you that $5.00 per run means!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Damn I love trading.............

Skoondog

MovedOn

03/09/16 9:21 AM

#3911 RE: Fanthos #3909

With the announcement today that HK has hired a financial advisor to help them maintain and/or improve the balance sheet and that the stock appears to not look at that announcement pessimistically, in fact it looks more like in a rebound mode after the energy sector sell-off yesterday, my opinion, now is the best time IF you think oil will hold steady or head north from here, even if it's a slow head north.

That was a long sentence...I know. GLTY.