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Online Share Trading

Engage and learn about markets and trading online

Now what??

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BAP
Regular Contributor
SOL struggling despite oil price creeping up or at least holding its ground? Always thought the two move more or less in tandem.
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7 REPLIES 7
Not applicable
bad trading statement
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BAP
Regular Contributor
Thx. Just read it now. Was sort of expected I would think, but obviously not fully priced in. I will hang on to this - good opportunity to add to LT portfolio (of is ek dom hardkoppig?)
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Amar
Contributor
This had to have been expected, profits with oil at $100-150$ and R/$ well over 10, surely can't be sustained at current prices....but they are still profitable
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bangbul
Regular Contributor
Check sens they expect 40-50% profit drop.
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Not applicable
So basically a short is called for on this share then ;-)
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bangbul
Regular Contributor
not so shure, i thought it where priced in allready. oil price expected to increase steeply.
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Not applicable
so is this as opportunity for a quick entry? 280 now, bounce up to 300 by next week could be handy profit
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