6969. This counter not easy to buy in 0.07 and sell on 0.08. I means even u buy on 0.075, u also hard to sell in 0.08. Some more how many lots u play only can see money ?
Let say u buy 1k lots in 0.075. use RM7.5k ( if i'm right ) U sold all 1k lots in 0.080. u get RM8k ( u earn RM500 ) But deduct the water money u earn less than it.
So if i really want see i earn much, RM75k i need to use. And so much lots i can sell in 0.08 ?
Not impossible......Shale oil operator will die of natural death if this saga continues.....Some of the Shale oil operators have stop drilling...Oil price below shale oil cost of production....
Shale oil stocks in US went down like nobody's business...
In trading Tuesday, the benchmark West Texas Intermediate fell $2.12 (U.S.) a barrel to $66.88. Some analysts believe markets have overshot on the downside, but few expect prices to roar higher any time soon.
Raymond James Financial Inc., for example, expects WTI prices to stabilize at around $75 a barrel.
“At those levels, companies are going to reduce their capital expenditures,” Raymond James analyst Carlos Newall said Tuesday. “Production is not going to slow to a halt, but it is going to slow. You’ll see a reduction in rig count and then there will be a six- to nine-month lag when you’ll see a reduction in production.”
The three key U.S. shale oil fields are the Bakken in North Dakota and the Eagle Ford and Permian in Texas. Scotiabank economist Patricia Mohr has calculated that the average break-even price in the Bakken and Permian is $69 and $68, respectively, but with individual wells ranging from $54 to $82 a barrel.
YEAP THAT WAS WHY I TOOK A GAMBLE ON MONDAY CUZ I SEE THAT THEY PUSH TO 8C NOW AND THEN TIMING IS CRUCIAL ELSE HAVE TO PICK UP OR PAY BROKERAGE FEE HE HE
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TuaHuat
1,462 posts
Posted by TuaHuat > 2014-12-03 14:15 | Report Abuse
a1b2c3d4, what is ur view on Negram?