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The Strength of SAMSON (SSN)
Hi to all The Good and The Great.... out in Sharetrader Land,
Hope everyone is Having a really Fab holiday, I certainly am, having flown in fron Honkers and now longing around Coolangatta/Tweed Heads... Qld-Gold Coast--it DOES make you know your luck to be an Australasian...
Do also hope that you all had a beautiful 2004 Share-Wise, certainly I thank Providence for having had a bit of a ripper,(thanks Very Much to SEN, MAL, PPR, FAN, ATR, EMI, HHL etc etc.......>>> and I do hope that the Year 2005...>>>... also can bear really excellent FRUITY LOOPS, for all at The Crownie Pub and of course here at Sharetrader....
Anyway, here at the Beach, and away from The Crownie's ante-room with its Spreadsheets, Annual Reports and Data Crunching Software Programmes, I'm afraid I can't give everyone the usual speel on the ROE, Market Cap, no. of shares on issue, PE, and "The Numbers" vis-a-vis Samson (SSN)--except to say I believe it is anotherMatilda (MAL) like opportunity and for those who are a bit brave and get in early or now its GOT huge huge UP side...
Clue for those skeptics and researchers among us...and that is actually a good Investor attitude by the way...Compare the Samson stock and its recent Kestrel acquaition in Omaha USA and the Natural gas play this privides on relatively tightly held stodk with Tommahawk--THK--Tommahawk energy which went up around 400% from memory over the last few months..hmmmmm [][][]
Do the numbers yourselves...also check out from the Samson announcements who Samson are grooming for CEO, and you'll see why Robbo reckons this could be a very nice profitableLow risk Gas play
At 30-50 cents--SSN is a steal in my view...as per Senetas at 5-7 cents, EMI at 9 cents and Matilda at 24 cents...
Naturally do your own research, consider the risk/reward ratios for yourselves and do not take this as investment Advice etc etc,
Got to go and catch a wave before another crownie is needed,
Kind Regards,
Robbo
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Hi Robbo,
Glad you are enjoying the hospitality on
the coast .....
..... maybe we should add a few other facts
about SSN.
Facts like, despite the good story:
It will remain thinly traded due to
the Top 20 holding around 70-80%
of the tradable stock.
Backing that up, price has not moved
at all, since 16 December 2004.
Even with the recent issue, there's
only about 10-15m shares available
for BOTH traders and "investors", so
this stock is may be destined to
become another PSA.
Because it is so thin, it is also
very volatile, moved down 50% in
1 day (22042004) on a volume of
just 10,ooo shares.
..... and of course, the opposite
holds true as well, it can also
move up fast.
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Many traders will stay away from SSN,
because they cannot get enough stock
to make a decent trade, without moving
the market significantly.
Sure, experienced traders can scalp
some bucks, but this is not a stock
for the faint-hearted ... meaning
you had better be prepared for the
big dips, before a long wait until
the next rally.
Soon, SSN will likely dip to around
.20, before it recovers again .....
happy trading all
yogi
P.S. ..... holding PSA and will hold SSN again,
when the TIME is right.
P.P.S ..... drink more Fosters ... FGL looking good ...
Disclaimer: yogi makes no claim to be a licenced investment advisor.
Always consult your licenced advisor or other financial professional expert.
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HI ROBBO!
Good to hear that you're still interested in SSN too, for some time I have been trying to buy a few more shares of SSN but it has been VERY illiquid so I only hold a tiny parcel at present (it's VERY volatile so I don't have the guts to expose myself too much to it)!
Anyway, here are the direct links to the interesting releases by SSN for all those who want to know a bit more what's happening:
Investor Presentation:
http://stocknessmonster.com/news-ite...E=ASX&N=281252
Corporate update:
http://stocknessmonster.com/news-ite...E=ASX&N=281181
Quarterly report:
http://stocknessmonster.com/news-ite...E=ASX&N=281109
Respect
TOMMY
Disclosure: trading in and out of many stocks, too many to update the list at the moment...
DO NOT TRUST ANYTHING I SAY OR IMPLY... USE YOUR OWN BRAIN AND RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.
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Samson Oil & Gas SSN
Samson Oil & Gas (SSN) Up another 7 %.... as Investors Read the Impressive, Samson Oil & Gas (SSN), 63 page Investor Presentation on ASX website, .... from the other day, and just BEGIN...to absorb and "do the numbers" for themselves...[]
>>>>...For those with the fortitude, and a little patience Samson (SSN)Oil & Gas ....although by the looks you might not NOW need as much patience as usual...[^][^],
SAMSON (SSN) has every indication, from where I sit, of being a relatively see-able 3 Bagger Plus....within 6 months, of course only In My View [^][]
Certainly Volumes and interest in Samson Oil & Gas (SSN) is beginning to focus attention on Samson Oil & Gas...in these as yet early days... hmmm [][]Certainly lots of good leverage & upside from the looks....
Kind regards to one and all,
Robbo.
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Member
Recommended not just by Robbo but also by Yogi-in-Oz.
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Cannot see that Kiwi1 ??
Yogi's post was quite down on Samson from my read of Yogi's post..., he/she predicted Samson (SSN) would fall below 20 cents, right ???
Am I missing something ??
Kind Regards,
Robbo
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Member
Finish the quote..."before it recovers again." After predicting a recovery he stated that he will hold the share again.
Kind regards to you too,
k1w1
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