.. That all of em aren’t this easy.
While I by no means caught the bottom, this was a beauty of a trade. Bought with about 30 minutes to go yesterday, at 6.68, willing to risk 30 cents (~5%) down to 6.40, and sold the first 1/2 of it at 7.65 at 9:49 this morning. For a sweet 3-1 realized Reward-to-Risk ratio. Sorry bout all those R’s.
I’m now out completely out of this fly-by-night company for an average 90 cent gain on a $6.68 cost basis.. 13.5% in about 1 trading hour if anyone’s counting. Oil Exploration in India.. nice Theme, huh.. I’m hunting for more of these Oil Midgets as we speak.. AEZ may be next.
