On Charts View iii I often talked about a Duster Entry strategy. I found this very successful with SQZ 3 drills on the trot!
But after a Bad experience with CAZA (Woof!) I want to be careful with post duster entry points.
Look to see where they go first!
I do not advocate buying and shorting pre results because Oil companies can fly if they find oil.
This is a strictly buy after the duster announcement strategy!
Oil & Gas duster entry thread
Bridge BRDG reported that some targets had no oil although have been found.
Very suspicious of such wordings. They are down but have current production and cash in the bank.
Newly listed IPO so charts are junk.