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Gulf Keystone Petroleum Share Chat (GKP)



Share Price: 4.78Bid: 4.66Ask: 4.78Change: 0.00 (0.00%)No Movement on Gulf Keystone
Spread: 0.12Spread as %: 2.58%Open: 5.00High: 0.00Low: 0.00Yesterday’s Close: 4.78


Share Discussion for Gulf Keystone Petroleum


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furey
Posts: 1,364
Off Topic
Opinion:No Opinion
Price:4.78
GKP
Today 06:29
Champagne or sht today or will it just be an other Extension GLA
 
Del44
Posts: 4,651
Off Topic
Opinion:No Opinion
Price:4.78
RE: The end is nigh
Mon 21:56
Probably time to butt them as well....LOL
:-)
Caballero
Posts: 64
Off Topic
Opinion:No Opinion
Price:4.78
RE: The end is nigh
Mon 21:51
Buy not But. Who knows..KRG could pay all GKPs arrears if they wanted to I expect. Maybe they will be forced to for future international business relations?
Caballero
Posts: 64
Off Topic
Opinion:No Opinion
Price:4.78
RE: The end is nigh
Mon 21:28
Time to but then. Get in quick everybody, he works for ****Epropets!!
Del44
Posts: 4,651
Off Topic
Opinion:No Opinion
Price:4.78
The Doors...:-)
Mon 21:14
GUSTOS
Posts: 582
Off Topic
Opinion:No Opinion
Price:4.78
RE: The end is nigh
Mon 21:10
WTF;-)
theshipscook1
Posts: 2,297
Off Topic
Opinion:No Opinion
Price:4.78
RE: The end is nigh
Mon 20:46
And he shall stike thee MNR down without mercy, and foresake all their gains.

nor thieves nor the greedy nor drunkards nor slanderers nor swindlers will inherit the kingdom of Shaikan
stew200
Posts: 4,526
Off Topic
Opinion:No Opinion
Price:4.78
The end is nigh
Mon 20:39
And God shall wipe away all tears from their eyes; and there shall be no more death, neither sorrow, nor crying, neither shall there be any more pain: for the former things are passed away.

It is with no small sense of humility that I disclose a token short position in Gulf Keystone Petroleum.

After all, it is already very late.

It is one year and eleven months since Todd Kozel left the company to work on his complicated personal affairs.

It is one year and one month since the weakening Gulf balance sheet resulted in a security interest over the Kurdistan assets being granted to the bondholders.

It is ten months since Jon Ferrier told the Telegraph that the company faced a “perfect storm.”

We are some 175p lower than when Tom Winnifrith originally identified this as a sell. Others, notably including Lucian Miers, have analysed this stock superbly over the period.

The amazing thing about the stock market (and in my view, the greatest thing about it) is the assuredness, within reason, of liquidity on every single business day.

For long-only investors, like Terry Smith, this means buying the shares of proven success stories many years after they have already won the competition to dominate their particular industry. To quote the great man:

"We do not seek to pick winners in the sense that most punters do, which is studying form, viewing the horses in the ring and then betting.

We wait until we know who has won and then wait for the bookmakers to offer us odds against them winning. In our case there are not bookmakers in the sense of a racecourse, we are talking about the market mispricing shares." (Bold is mine.)

This has proven to be an excellent approach to stock market investment. You can wait for a company to have an unassailable competitive position, buy shares in them even if they are vastly more expensive than they used to be, and still make a lot of money.

I suspect that it also works well in reverse.

In other words, I suspect that the strategy of waiting for utterly hopeless situations to emerge and then shorting them, even if the share price has already collapsed by more than 99%, is a worthwhile strategy.

Why this might be the case is less important than whether it is true or not. However, one simple explanation would be the counter-productive yet all-too-common instinct to trade counter-trend. On the way up, investors tell themselves “nobody ever went broke taking a profit”, so they sell shares in successful companies which would have happily continued generating wealth for them for perhaps decades to come. On the way down, they tell themselves that shares in a busted business are “cheap” when the unfortunate truth is that they are worthless.

I know, because I’ve made these errors in each direction.

- See more at: http://www.*************.com/views/21121/gulf-keystone-petroleum-revelations-the-final-judgement#sthash.uE7ZNpAx.dpuf
GUSTOS
Posts: 582
Off Topic
Opinion:No Opinion
Price:4.78
RE: DORBY
Mon 20:30
You couldn't wind a clock up old man.Get the tea and biscuits in.




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