Be nice to wikkid22. We were all told as children to be nice to people like this. He has made me laugh lots of times, and has risen to the bait more than once. Apparently, I am the laughing stock of the AIM market, and all the bulletin boards. I am very happy to be the focus of his attentions, it keeps him away from young vulnerable people. Although he seems to be quite old and bitter, I understand he has the body of an 18 year old. I believe he keeps it hidden under the bath.
Does anyone read iii bb there's a weirdo on there been hanging round that bb for over 3 years now who never buys in however low it goes haha, think he's mental just puts other posters down every post and says he will buy in when its 10p old money then it gets to it and then says 8p old money haha the amount of times he has missed the lows he could have a made a fortune but instead just sits on the bb trying to correct everyone and say pmg is over valued haha. Must no more than anyone else and all the brokers put together. Very odd staying round 1 bb for that length of time waiting for a buy in. Be good to see if once he buys in he starts saying the opposite. Sorry rant over only put this on because he reads this bb and ****s da winner off all the time. He used to be oilresearcher on here I think but got banned haha old bitter person with too much time on his hand who needs to get a life or a women .
You have to ignore buys and sells on here they are always miles out. Only true way is to work through trade by trade and look at the prices. They always play around with the spread which makes some look like buys or sells when they are not.
If you click the fundamentals icon, you will see that today's trading was sold 273,337 and bought 177,712. In spite of this, the price ended up 2p. To my way of thinking, that's a net sell of circa 100,000 shares and the SP still ended up on the day. Over the last week or so there has been a lot of net selling and the price has carried on down. I hope that this means that the MMs have been pushing the price down to flush out some big sells, one or two of which have sadly been mentioned on here. I think that market sentiment has now changed and that we will see net purchases as we move towards the Final results, and the MMs will make a fat profit at PI's expense. Will we now see a reiteration from Charles Stanley at £4.00? The share price seems to be very sensitive to volume fluctuations, which hasn't affected the Institutional Investors - no RNS's about shareholding threshholds being crossed. I would love to have a peek at the Shareholders' Register to see if anything has changed much in the last fortnight. If anyone has any thoughts I would be glad to learn.
Must have been sent out to many as I had the same e-mail at exact same time. One thing in there that is interesting is Ryan talking about " at least 50,000 boepd of production and 200 million barrels of reserves before we become an internationally attractive acquisition target". Interesting and lets anyone see where they hope to go and what they hope to achieve. Once big enough and with enough interest from the right party,.....sold!
What a day! If that was a MM shake out it must have pushed all the stop-loss buttons across the board. There have been some pretty big volumes this week, and I think that must be the last of it. AIM oilies are not for the faint-hearted. As far as Trap is concerned, they have a major investor called Peter Gyllenhammar who has 20% and believed to have an average purchase price of circa 9p and he has a lot of sway over things. I can't see an acquisition at anything less than 12 to 15p which would be poor value. They have cash to pay for their Athena and other short-term liabilities and are about breaking even. Not a good play compared with others. I looked into shares in Atlantic Petroleum Faroe Islands, which trades on the Danish and Norwegian exchanges. Saxo Bank can trade in them for you. Atlantic has joint ventures and holdings with us in a number of our best prospects, with a Market cap of circa £27m! Tiny volumes trade in this stock, some days no trades at all! Very difficult for us to take them over, but a real bargain. I'm callling the bottom for Atlantic at 70 DKK. I think that we have now seen the bottom for PMG as well. Phew!
Next to MMs contributions, the email from Ryan, courtesy of Ivelost, provided some much wanted/needed reassurance. I hope those remaining on board will not be too judgemental or self congratulatory in respect of those who jumped rigs. It was for many I'm sure, the hardest and most painful of decisions. There can't be many kamikazes amongst us, so let us not gloat but be grateful our limits weren't met. Onward and upwards.
welcome aboard mate. and gupps well said . people will be saying next month wish I had more a load more below £2 just shows buy when everyone else is panic selling works. just called the bottom wrong the 1st time at £1.70 but got it the 2nd time or close enough
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